2103 PlumSchenectadyNY12309
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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 2103 Plum, Schenectady, NY, 12309 uses $82,875 cash to close to unlock $5,162/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,224/mo payment keeps the spread at $430/mo. Purchase price stands at $250,000, and rental yield measures 10.08% with $2,100/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.95% and total cumulative return in cash records $113,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12309, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,491 (100%) |
| Owner Occupied HU | 9,704 (71.9%) |
| Renter Occupied HU | 3,031 (22.5%) |
| Vacant Housing Units | 756 ( 5.6%) |
| Median Home Value | $348,109 |
| Average Home Value | $382,773 |
Housing Distribution
Address Breakdown
Residential
12,862
Single Family
12,210
Multi-Family
652
Businesses
513
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Listed by: Jean Singleton • Capital Realty Experts LLC
Mls Name: Global MLS
Mls ID: #202523897