2119 BroadwaySchenectadyNY12306
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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
Rental property for sale in Schenectady at 2119 Broadway, Schenectady, NY, 12306 priced at $187,150 converts $1,890/mo rent into $640/mo cash flow after a $916/mo obligation. Total monthly income equals $1,890/mo, and annual cash flow totals $7,683/yr on $62,040 invested. Return on cash invested prints 32.29% in year one, and rental yield reads 12.12% against a $187,150 entry. Equity gained on principal adds $1,208/yr, while 5% annual appreciation compiles into $51,706 by year five. Five-year ROI reaches 169.95% and total cumulative return in cash sums $105,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $916/mo payment, not borrower’s personal income.
Multi Family
Built in 1975
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12306, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,758 (100%) |
| Owner Occupied HU | 8,039 (63.0%) |
| Renter Occupied HU | 3,946 (30.9%) |
| Vacant Housing Units | 773 ( 6.1%) |
| Median Home Value | $249,354 |
| Average Home Value | $308,804 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
11,893
Multi-Family
390
Businesses
507
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Listed by: Thomas R Trevett • Trevett Group
Mls Name: Global MLS
Mls ID: #202524276