1278 Garner 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
Rental property for sale in Schenectady at 1278 Garner Avenue, Schenectady, NY, 12309 priced at $299,000 pairs $3,110/mo rent with $1,114/mo cash flow after a $1,463/mo payment. Total monthly income equals $3,110/mo, and annual cash flow comes to $13,365/yr on $99,119 invested. Return on cash invested is 33.39% in year one, and rental yield stands at 12.48% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 175.8% and total cumulative return in cash reaches $174,250. For financing, Ziffy Mortgage’s DSCR program evaluates $3,110/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,227 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: Subhash D Sukhram • Buy-N-Sell Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202430322
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