1818 Lenox RoadSchenectadyNY12308
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
Investment Highlights
Investment property for sale in Schenectady at 1818 Lenox Road, Schenectady, NY, 12308 at $209,900 posts ROI 30.53% with $616/mo cash flow from $2,017/mo rent. Total monthly income equals $2,017/mo, and annual cash flow records $7,388/yr on $69,582 to close. Return on cash invested measures 30.53% and rental yield reads 11.53% at the current $209,900. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 by year five. Five-year ROI prints 160.45% and total cumulative return in cash totals $111,644.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,017/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
6,098 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: Dyaram R Robert • Thompson Real Estate Team
Mls Name: Global MLS
Mls Provider:
Mls ID: #202524028
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