1009 N Westcott 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
Investment property for sale in Schenectady at 1009 N Westcott Road, Schenectady, NY, 12306 offers a 9.31% rental yield on a $245,000 purchase with $1,900/mo rent. Total monthly income registers $1,900/mo, and a $1,199/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,169/yr on $81,218 to close, and return on cash invested stands at 23.81% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 124.45% and total cumulative return in cash at $101,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,900/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
7,405 sqft 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: Heidi Rotter • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202526867