208 Front StreetSchenectadyNY12305
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
Rental property for sale in Schenectady at 208 Front Street, Schenectady, NY, 12305 priced at $815,000 converts $1,788/mo rent into after a $3,989/mo obligation. Total monthly income equals $1,788/mo. Return on cash invested prints 3.71% in year one, and rental yield reads 2.63% against a $815,000 entry. Equity gained on principal adds $5,259/yr, while 5% annual appreciation compiles into $225,169 by year five. Five-year ROI reaches 16.56% and total cumulative return in cash sums $44,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,788/mo property income covering a $3,989/mo payment, not borrower’s personal income.
Multi Family
Built in 1919
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12305, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 301 ( 9.0%) |
| Renter Occupied HU | 2,645 (79.2%) |
| Vacant Housing Units | 392 (11.7%) |
| Median Home Value | $251,136 |
| Average Home Value | $320,153 |
Housing Distribution
Address Breakdown
Residential
3,191
Single Family
1,680
Multi-Family
1,511
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Bonitatibus • J Paul Realty Group LLC
Mls Name: Global MLS
Mls ID: #202611082