114 Victory AvenueSchenectadyNY12307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 114 Victory Avenue, Schenectady, NY, 12307 at $300,000 posts ROI 23.01% with $257/mo cash flow from $2,260/mo rent. Total monthly income equals $2,260/mo, and annual cash flow records $3,084/yr on $99,450 to close. Return on cash invested measures 23.01% and rental yield reads 9.04% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 120.1% and total cumulative return in cash totals $119,436.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12307, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,605 (100%) |
| Owner Occupied HU | 729 (20.2%) |
| Renter Occupied HU | 2,350 (65.2%) |
| Vacant Housing Units | 526 (14.6%) |
| Median Home Value | $101,736 |
| Average Home Value | $192,937 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,316
Multi-Family
502
Businesses
143
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Listed by: Todd T Schermerhorn • Schermerhorn Realty Group LLC
Mls Name: Global MLS
Mls ID: #202529422