1133 Cutler StreetSchenectadyNY12303
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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 1133 Cutler Street, Schenectady, NY, 12303 offers a 10.74% rental yield on a $189,000 purchase with $1,691/mo rent. Total monthly income registers $1,691/mo, and a $925/mo payment leaves $429/mo available for distribution. Annual cash flow reaches $5,147/yr on $62,654 to close, and return on cash invested stands at 28.12% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 147.51% and total cumulative return in cash at $92,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,691/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,791 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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Listed by: Somwattie Jaggernauth • Thompson Real Estate Team
Mls Name: Global MLS
Mls ID: #202610484