1019 Gideon TraceSchenectadyNY12302
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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 1019 Gideon Trace, Schenectady, NY, 12302 earns from $3,860/mo rent with a $4,136/mo payment. Total monthly income totals $3,860/mo. ROI tracks 12.36% on current figures, and rental yield reads 5.48% at a $845,000 purchase. Equity gained on principal adds $5,453/yr, and 5% annual appreciation supports $233,458 over five years. Five-year ROI reaches 63.01% and total cumulative return in cash sums $175,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,860/mo property income instead of your personal income.
Single Family
Built in 2014
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12302, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 8,698 (68.5%) |
| Renter Occupied HU | 3,062 (24.1%) |
| Vacant Housing Units | 931 ( 7.3%) |
| Median Home Value | $271,870 |
| Average Home Value | $311,678 |
Housing Distribution
Address Breakdown
Residential
12,116
Single Family
10,636
Multi-Family
1,480
Businesses
606
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Listed by: Darlene Zeh • Miranda Real Estate Group, Inc
Mls Name: Global MLS
Mls ID: #202530608