169 Hetcheltown RoadSchenectadyNY12302
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 169 Hetcheltown Road, Schenectady, NY, 12302 in Schenectady speaks for itself: 10.84% gross on a $270,000 price, generating $2,438/mo in rent and $635/mo in net income after the $1,214/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,625 stacks alongside $74,596 in projected five-year appreciation and $2,487/yr in principal reduction. Projected total cumulative return: $143,849.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.2% |
| Monthly Cash Flow | $635 | $450 |
City averages based on Schenectady market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,438 |
| Total Monthly Debt Service | $1,696 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1915
1 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1915
1 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dominick Ieraci • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202522254
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