205 E Palmer AvenueSchenectadyNY12303
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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 205 E Palmer Avenue, Schenectady, NY, 12303 earns $75/mo cash flow from $2,446/mo rent with a $1,738/mo payment. Total monthly income totals $2,446/mo, and annual cash flow totals $899/yr on $117,683 capital. ROI tracks 20.67% on current figures, and rental yield reads 8.27% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 107.58% and total cumulative return in cash sums $126,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,446/mo property income instead of your personal income.
Single Family
Built in 1965
0.28 Acres 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: Jacquelyn Torres • Romeo Team Realty
Mls Name: Global MLS
Mls ID: #202528710