1203 Gideon TraceScotiaNY12302
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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 Scotia at 1203 Gideon Trace, Scotia, NY, 12302 listed at $949,800 pairs $4,723/mo rent with a $4,649/mo payment. Total monthly income runs $4,723/mo. Return on cash invested measures 13.84% in year one, and rental yield registers 5.97% at a $949,800 basis. Equity gained on principal adds $6,129/yr, and annual property appreciation at 5% supports $262,412 by year five. Five-year ROI tracks 70.91% and total cumulative return in cash totals $221,591. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,723/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12302, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 8,698 (68.5%) |
| Renter Occupied HU | 3,062 (24.1%) |
| Vacant Housing Units | 931 ( 7.3%) |
| Median Home Value | $271,870 |
| Average Home Value | $311,678 |
Housing Distribution
Address Breakdown
Residential
12,116
Single Family
10,636
Multi-Family
1,480
Businesses
606
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