11 St Thomas LaneSchenectadyNY12304
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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 11 St Thomas Lane, Schenectady, NY, 12304 listed at $385,000 pairs $3,250/mo rent with a $1,884/mo payment to leave $679/mo cash flow. Total monthly income runs $3,250/mo, and annual cash flow reaches $8,153/yr on $127,628 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 10.13% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 137.74% and total cumulative return in cash totals $175,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,250/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12304, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,827 (100%) |
| Owner Occupied HU | 5,220 (53.1%) |
| Renter Occupied HU | 4,011 (40.8%) |
| Vacant Housing Units | 596 ( 6.1%) |
| Median Home Value | $214,106 |
| Average Home Value | $258,404 |
Housing Distribution
Address Breakdown
Residential
8,914
Single Family
8,353
Multi-Family
561
Businesses
558
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Listed by: Jamie M Mazuryk • CM Fox Real Estate
Mls Name: Global MLS
Mls ID: #202522944