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REI Lense

Albany, NY Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Albany, NY. Based on 50+ datapoints.

Albany, NY Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-7.3%

Median Cashflow

-$372/mo

Avg Rent Estimate

$2,468/mo

Avg Price

$338,665

Price Range

$140,900 - $552,100

Rent to Price

0.73%

low ratio

Positive Cashflow

14%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Albany, NY

Albany, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.9%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 50+ analyzed properties, the median monthly cashflow in Albany, NY is -$372 with average rents of $2,468/month. Properties range from $140,900 to $552,100, offering entry points across multiple investment budgets.

49 Glendale Avenue, Albany, NY 12208

Price

$344,100

Rent

$2,059

CachFlow

-$814

CoC

-13.52

Full Analysis

21 Hawthorne Avenue, Albany, NY 12203

Price

$278,600

Rent

$2,461

CachFlow

$51

CoC

1.05

Full Analysis

227 Western Avenue, Albany, NY 12203

Price

$319,000

Rent

$2,557

CachFlow

-$333

CoC

-5.97

Full Analysis

12 Jase Court, Albany, NY 12208

Price

$272,100

Rent

$2,262

CachFlow

-$281

CoC

-5.9

Full Analysis

4 Marietta Drive, Albany, NY 12205

Price

$397,100

Rent

$3,007

CachFlow

-$313

CoC

-4.5

Full Analysis
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Albany, NY Rental Market Insights

  • Median cashflow is -$372/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 14% positive cashflow rate, Albany, NY requires selective property picks
  • Mid-to-upper tier market with properties from $140,900 to $552,100
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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