1307 Cambridge Manor DriveScotiaNY12302
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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 Scotia at 1307 Cambridge Manor Drive, Scotia, NY, 12302 generates $2,088/mo in rent and, after a $1,052/mo payment, leaves $418/mo in cash flow. Total monthly income is $2,088/mo, and annual cash flow is $5,011/yr on $71,273 invested. Return on cash invested sits at 26.94% in year one, and rental yield is 11.65% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 142.64% and total cumulative return in cash sums $101,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,088/mo property income rather than buyer’s personal income.
Condo
Built in 1992
1,742 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12302, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 8,698 (68.5%) |
| Renter Occupied HU | 3,062 (24.1%) |
| Vacant Housing Units | 931 ( 7.3%) |
| Median Home Value | $271,870 |
| Average Home Value | $311,678 |
Housing Distribution
Address Breakdown
Residential
12,116
Single Family
10,636
Multi-Family
1,480
Businesses
606
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Listed by: Michael Bushee • CYC Realty Management Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202517112
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