108 Elmer AvenueSchenectadyNY12308
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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 108 Elmer Avenue, Schenectady, NY, 12308 earns $1,329/mo cash flow from $2,798/mo rent with a $1,077/mo payment. Total monthly income totals $2,798/mo, and annual cash flow totals $15,944/yr on $72,930 capital. ROI tracks 41.77% on current figures, and rental yield reads 15.26% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 220.73% and total cumulative return in cash sums $160,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,798/mo property income instead of your personal income.
Single Family
Built in 1917
4,791 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: Christine M Serafini • Miranda Real Estate Group Inc
Mls Name: Global MLS
Mls ID: #202527033