1660 Carrie StreetSchenectadyNY12308
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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 1660 Carrie Street, Schenectady, NY, 12308 uses $69,284 cash to close to unlock $26,967/yr annual cash flow and $2,247/mo monthly cash flow. Total monthly income runs $3,643/mo, and a $1,023/mo payment keeps the spread at $2,247/mo. Purchase price stands at $209,000, and rental yield measures 20.92% with $3,643/mo rent. Return on cash invested shows 58.83% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 312.25% and total cumulative return in cash records $216,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,643/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12308, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 2,565 (36.7%) |
| Renter Occupied HU | 3,655 (52.3%) |
| Vacant Housing Units | 768 (11.0%) |
| Median Home Value | $220,918 |
| Average Home Value | $246,137 |
Housing Distribution
Address Breakdown
Residential
6,164
Single Family
5,713
Multi-Family
451
Businesses
228
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Listed by: Bryan J Campo • Go Lyst Agency LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202422889
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