Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
9
Values up 3%, Rent hits $1,855
Updated 11 days ago • 1 new comp
Your Investment Paths
Turnkey Rental
This property shows significant rent potential for investors, with market estimates suggesting monthly income between $1,719 and $1,855. These figures reflect a solid rental market, offering a healthy estimated yield of approximately 21.47 percent. Given the local market trends, this investment offers a promising opportunity for steady cash flow. The data highlights a strong performance relative to the neighborhood, making it an attractive prospect for your real estate portfolio.
More about this home
Neighborhood Assessment
43 New York Ave sits in a solid Rensselaer neighborhood with strong walkability to Red Mill School (7/10 rating, 0.4 miles away) and proximity to Regeneron for rental appeal. Comp homes on the street fetch 225K-280K, way above this 100K list price on a 1,272 sqft fixer-upper with a big 6,534 sqft lot. Low taxes around 4K/year sweeten the deal—it's undervalued in a stable area with good schools (middle/high 8/10). Neighborhood shows steady demand; recent nearby sale at 280K confirms upside. No major developments noted, but employer access and low risk (minimal flood/fire) make it investor-friendly. You know, this spot's got that hidden gem vibe for flips or holds.
Market Activity
+ Ask a question in the app
Rental Income
$21K
Yield
21.5%
Appreciation
$4K
Year 1 Estimates
Fix-and-Flip
Fresh updates elevate your home, making it shine against standard properties. While price per square foot sits at roughly $201 for upgraded homes versus $202 for the baseline, these improvements significantly boost your rental potential. Modernizing your space creates a compelling lifestyle experience that attracts high-quality tenants and secures quicker interest. With rent potential climbing to $2,586, this investment unlocks excellent long-term possibilities while ensuring your home remains a standout choice.
Comps
16
Buy-Rehab-Rent
Renovating this property offers a solid value uplift, pushing the estimated post-renovation worth to between $265,000 and $293,000. These upgrades capitalize on local market demand, significantly enhancing the asset's total equity and competitive edge. The investment demonstrates strong income potential with a projected $2,148 monthly rent. Delivering a healthy 9.2% yield, this property serves as a reliable vehicle for cash flow and long-term appreciation in a stable residential market.
Rental Income
$26K
Yield
9.2%
Appreciation
$11K
Year 1 Estimates, Post Typical Renovation
Estimated value
$100K
$150.6K below comp median
Comparative Market Analysis
$191K – $312K
~49 days to sell
Based on 8 comps
43 New York Avenue, Rensselaer Investment Report: Flip & Rental Analysis · Frontflip