1151 Oxford PlaceSchenectadyNY12308
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1151 Oxford Place, Schenectady, NY, 12308 in Schenectady hard to pass up. The 10.43% gross yield on a $289,900 purchase results in $2,519/mo in rent and $583/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.93). Annual cash flow of $6,997, five-year appreciation of $80,094, and $2,670/yr in equity build-up combine for a projected total cumulative return of $148,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 7.2% |
| Monthly Cash Flow | $583 | $450 |
City averages based on Schenectady market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,519 |
| Total Monthly Debt Service | $1,821 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1923
5,662 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
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
Single Family
Built in 1923
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Kutil • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202521357