119 Western ParkwaySchenectadyNY12304
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 119 Western Parkway, Schenectady, NY, 12304 at $150,000 posts ROI 51.2% with $1,297/mo cash flow from $2,298/mo rent. Total monthly income equals $2,298/mo, and annual cash flow records $15,558/yr on $49,725 to close. Return on cash invested measures 51.2% and rental yield reads 18.38% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 271.31% and total cumulative return in cash totals $134,910.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12304, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,827 (100%) |
| Owner Occupied HU | 5,220 (53.1%) |
| Renter Occupied HU | 4,011 (40.8%) |
| Vacant Housing Units | 596 ( 6.1%) |
| Median Home Value | $214,106 |
| Average Home Value | $258,404 |
Housing Distribution
Address Breakdown
Residential
8,914
Single Family
8,353
Multi-Family
561
Businesses
558
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Listed by: Mary E Amodeo • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202427466
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker