103 Porter StreetSchenectadyNY12308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 103 Porter Street, Schenectady, NY, 12308 at $159,900 posts ROI 33.44% with $598/mo cash flow from $1,666/mo rent. Total monthly income equals $1,666/mo, and annual cash flow records $7,174/yr on $53,007 to close. Return on cash invested measures 33.44% and rental yield reads 12.5% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 176.07% and total cumulative return in cash totals $93,330.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,666/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12308, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 2,565 (36.7%) |
| Renter Occupied HU | 3,655 (52.3%) |
| Vacant Housing Units | 768 (11.0%) |
| Median Home Value | $220,918 |
| Average Home Value | $246,137 |
Housing Distribution
Address Breakdown
Residential
6,164
Single Family
5,713
Multi-Family
451
Businesses
228
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Listed by: Zachary Palombo • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514792
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker