1420 Nelson StreetSchenectadyNY12306
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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 1420 Nelson Street, Schenectady, NY, 12306 uses $76,212 cash to close to unlock $6,216/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $2,053/mo, and a $1,125/mo payment keeps the spread at $518/mo. Purchase price stands at $229,900, and rental yield measures 10.72% with $2,053/mo rent. Return on cash invested shows 28.07% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 147.28% and total cumulative return in cash records $112,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,053/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12306, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,758 (100%) |
| Owner Occupied HU | 8,039 (63.0%) |
| Renter Occupied HU | 3,946 (30.9%) |
| Vacant Housing Units | 773 ( 6.1%) |
| Median Home Value | $249,354 |
| Average Home Value | $308,804 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
11,893
Multi-Family
390
Businesses
507
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Listed by: Paige Amsler • Crystal Coleman Realty LLC
Mls Name: Global MLS
Mls ID: #202530377