17 Espen Pl, Schenectady, NY, 12309 | 7.15% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Schenectady at 17 Espen Pl, Schenectady, NY, 12309 offers a 7.15% rental yield on a $691,545 purchase with $4,121/mo rent. 44% in year one. Equity gained on principal adds $4,462/yr while 5% annual appreciation supports $191,061 over five years. Portfolio math shows five-year ROI at 90.2% and total cumulative return in cash at $205,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,121/mo property income against a $3,385/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 12309, Schenectady, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,491 (100%)
Owner Occupied HU	9,704 (71.9%)
Renter Occupied HU	3,031 (22.5%)
Vacant Housing Units	756 ( 5.6%)
Median Home Value	$348,109
Average Home Value	$382,773