1306 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
Investment property for sale in Schenectady at 1306 Garner Avenue, Schenectady, NY, 12309 earns $90/mo cash flow from $1,606/mo rent with a $1,111/mo payment. Total monthly income totals $1,606/mo, and annual cash flow totals $1,082/yr on $75,251 capital. ROI tracks 21.35% on current figures, and rental yield reads 8.49% at a $227,000 purchase. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash sums $83,713. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,606/mo property income instead of your personal income.
Single Family
Built in 1936
4,791 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: Darik Habel • Core Group Properties, Inc
Mls Name: Global MLS
Mls ID: #202521592