21 N College StSchenectadyNY12305
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 21 N College St, Schenectady, NY, 12305 offers $2,059/mo rent that, after a $974/mo payment, leaves $730/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $8,762/yr on $65,961 cash. Return on cash invested measures 33.19% in year one, and rental yield stands at 12.42% at a $198,977 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,974 by year five. Five-year ROI records 174.79% and total cumulative return in cash reaches $115,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
9,191 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A