1220 Hemlock StreetSchenectadyNY12306
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 1220 Hemlock Street, Schenectady, NY, 12306 earns $899/mo cash flow from $3,236/mo rent with a $1,713/mo payment. Total monthly income totals $3,236/mo, and annual cash flow totals $10,788/yr on $115,992 capital. ROI tracks 29.21% on current figures, and rental yield reads 11.1% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 153.39% and total cumulative return in cash sums $177,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,236/mo property income instead of your personal income.
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12306, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,758 (100%) |
| Owner Occupied HU | 8,039 (63.0%) |
| Renter Occupied HU | 3,946 (30.9%) |
| Vacant Housing Units | 773 ( 6.1%) |
| Median Home Value | $249,354 |
| Average Home Value | $308,804 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
11,893
Multi-Family
390
Businesses
507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul A Friello • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202520462