13 Ingersoll AvenueSchenectadyNY12305
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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 13 Ingersoll Avenue, Schenectady, NY, 12305 priced at $284,900 pairs $1,634/mo rent with after a $1,394/mo payment. Total monthly income equals $1,634/mo. Return on cash invested is 16.5% in year one, and rental yield stands at 6.88% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 85.2% and total cumulative return in cash reaches $80,471. For financing, Ziffy Mortgage’s DSCR program evaluates $1,634/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1915
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12305, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 301 ( 9.0%) |
| Renter Occupied HU | 2,645 (79.2%) |
| Vacant Housing Units | 392 (11.7%) |
| Median Home Value | $251,136 |
| Average Home Value | $320,153 |
Housing Distribution
Address Breakdown
Residential
3,191
Single Family
1,680
Multi-Family
1,511
Businesses
582
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Listed by: Philip W Wagner • Wagner Real Estate Group
Mls Name: Global MLS
Mls ID: #202610575