2029 Cardiff RoadSchenectadyNY12303
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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 2029 Cardiff Road, Schenectady, NY, 12303 with 5% annual appreciation on a $299,000 basis while $2,548/mo rent supports operations. Total monthly income totals $2,548/mo and a $1,463/mo payment preserves $552/mo for cash returns. Annual cash flow comes to $6,621/yr on $99,119 deployed, and return on cash invested reaches 26.59% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 10.23%. Five-year ROI measures 139.3% and total cumulative return in cash totals $138,070.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,548/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12303, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,405 (100%) |
| Owner Occupied HU | 8,882 (66.3%) |
| Renter Occupied HU | 3,717 (27.7%) |
| Vacant Housing Units | 806 ( 6.0%) |
| Median Home Value | $263,822 |
| Average Home Value | $316,506 |
Housing Distribution
Address Breakdown
Residential
12,409
Single Family
12,096
Multi-Family
313
Businesses
563
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Listed by: Melissa Matey • Miranda Real Estate Group, Inc
Mls Name: Global MLS
Mls ID: #202531204