10 Espen PlaceSchenectadyNY12309
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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 Espen Place, Schenectady, NY, 12309 offers $3,484/mo rent that, after a $3,498/mo payment. Total monthly income is $3,484/mo. Return on cash invested measures 13.48% in year one, and rental yield stands at 5.85% at a $714,706 entry. Equity gained on principal adds $4,612/yr while 5% annual appreciation compounds into $197,460 by year five. Five-year ROI records 69.01% and total cumulative return in cash reaches $162,265. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,484/mo property income versus a $3,498/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12309, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,491 (100%) |
| Owner Occupied HU | 9,704 (71.9%) |
| Renter Occupied HU | 3,031 (22.5%) |
| Vacant Housing Units | 756 ( 5.6%) |
| Median Home Value | $348,109 |
| Average Home Value | $382,773 |
Housing Distribution
Address Breakdown
Residential
12,862
Single Family
12,210
Multi-Family
652
Businesses
513
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Listed by: Dorothy D Peyron • Amedore Homes
Mls Name: Global MLS
Mls ID: #202521563