231 Mariaville RoadSchenectadyNY12306
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
Investment property for sale in Schenectady at 231 Mariaville Road, Schenectady, NY, 12306 at $325,000 posts ROI 25.81% with $529/mo cash flow from $2,700/mo rent. Total monthly income equals $2,700/mo, and annual cash flow records $6,353/yr on $107,738 to close. Return on cash invested measures 25.81% and rental yield reads 9.97% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 135.13% and total cumulative return in cash totals $145,585.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
5,227 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: Arpi Balgin • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202529301