2415 Hendrick StSchenectadyNY12306
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 2415 Hendrick St, Schenectady, NY, 12306 priced at $214,999 converts $1,922/mo rent into $487/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,922/mo, and annual cash flow totals $5,839/yr on $71,272 invested. Return on cash invested prints 28.1% in year one, and rental yield reads 10.73% against a $214,999 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,400 by year five. Five-year ROI reaches 147.44% and total cumulative return in cash sums $105,085. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,922/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Frith • COLDWELL BANKER PRIME PROPERTIES
Mls Name: NY State MLS
Mls ID: #11455424