1122 Congress StSchenectadyNY12303
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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 1122 Congress St, Schenectady, NY, 12303 offers a 22.61% rental yield on a $106,355 purchase with $2,004/mo rent. Total monthly income registers $2,004/mo, and a $521/mo payment leaves $1,293/mo available for distribution. Annual cash flow reaches $15,520/yr on $35,257 to close, and return on cash invested stands at 63.93% in year one. Equity gained on principal adds $686/yr while 5% annual appreciation supports $29,384 over five years. Portfolio math shows five-year ROI at 339.67% and total cumulative return in cash at $119,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,004/mo property income against a $521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
4,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12303, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,405 (100%) |
| Owner Occupied HU | 8,882 (66.3%) |
| Renter Occupied HU | 3,717 (27.7%) |
| Vacant Housing Units | 806 ( 6.0%) |
| Median Home Value | $263,822 |
| Average Home Value | $316,506 |
Housing Distribution
Address Breakdown
Residential
12,409
Single Family
12,096
Multi-Family
313
Businesses
563
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