1231 Sumner AvenueSchenectadyNY12309
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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 Schenectady at 1231 Sumner Avenue, Schenectady, NY, 12309 listed at $275,000 pairs $2,334/mo rent with a $1,346/mo payment to leave $498/mo cash flow. Total monthly income runs $2,334/mo, and annual cash flow reaches $5,971/yr on $91,163 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 10.18% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 138.62% and total cumulative return in cash totals $126,371. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,334/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12309, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,491 (100%) |
| Owner Occupied HU | 9,704 (71.9%) |
| Renter Occupied HU | 3,031 (22.5%) |
| Vacant Housing Units | 756 ( 5.6%) |
| Median Home Value | $348,109 |
| Average Home Value | $382,773 |
Housing Distribution
Address Breakdown
Residential
12,862
Single Family
12,210
Multi-Family
652
Businesses
513
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Listed by: Deena B Mannetti • Realty One Group Key
Mls Name: Global MLS
Mls ID: #202528397