107 Morning Glory WaySchenectadyNY12306
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 107 Morning Glory Way, Schenectady, NY, 12306 listed at $245,000 pairs $2,314/mo rent with a $1,199/mo payment to leave $368/mo cash flow. Total monthly income runs $2,314/mo, and annual cash flow reaches $4,417/yr on $81,218 cash to close. Return on cash invested measures 25.35% in year one, and rental yield registers 11.33% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 134.37% and total cumulative return in cash totals $109,128. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,314/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A lot
$N/A/sqft
$310 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Sbardella • 518 Realty.Com Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202511320
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