1106 Parkwood BoulevardSchenectadyNY12308
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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 1106 Parkwood Boulevard, Schenectady, NY, 12308 uses $99,450 cash to close to unlock $1,956/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $2,166/mo, and a $1,468/mo payment keeps the spread at $163/mo. Purchase price stands at $300,000, and rental yield measures 8.66% with $2,166/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash records $113,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,166/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
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: Stephanie Ciampolillo • Miranda Real Estate Group Inc
Mls Name: Global MLS
Mls ID: #202526601