137 Front Street Apt 311SchenectadyNY12305
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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 137 Front Street Apt 311, Schenectady, NY, 12305 listed at $312,000 pairs $1,754/mo rent with a $1,527/mo payment. Total monthly income runs $1,754/mo. Return on cash invested measures 16.09% in year one, and rental yield registers 6.75% at a $312,000 basis. Equity gained on principal adds $2,013/yr, and annual property appreciation at 5% supports $86,200 by year five. Five-year ROI tracks 83% and total cumulative return in cash totals $85,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,754/mo property income relative to a $1,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
435.60 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: Christine M Serafini • Miranda Real Estate Group Inc
Mls Name: Global MLS
Mls ID: #202611259