10 Continental RoadSchenectadyNY12306
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Schenectady at 10 Continental Road, Schenectady, NY, 12306 priced at $375,000 pairs $2,914/mo rent with $410/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,914/mo, and annual cash flow comes to $4,923/yr on $124,313 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 9.32% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 124.75% and total cumulative return in cash reaches $155,079. For financing, Ziffy Mortgage’s DSCR program evaluates $2,914/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12306, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,758 (100%) |
| Owner Occupied HU | 8,039 (63.0%) |
| Renter Occupied HU | 3,946 (30.9%) |
| Vacant Housing Units | 773 ( 6.1%) |
| Median Home Value | $249,354 |
| Average Home Value | $308,804 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
11,893
Multi-Family
390
Businesses
507
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Listed by: Arpi Balgin • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202526503