3041 E Lydius StreetSchenectadyNY12303
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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 3041 E Lydius Street, Schenectady, NY, 12303 offers a 11.55% rental yield on a $319,900 purchase with $3,078/mo rent. Total monthly income registers $3,078/mo, and a $1,566/mo payment leaves $942/mo available for distribution. Annual cash flow reaches $11,298/yr on $106,047 to close, and return on cash invested stands at 30.56% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 160.63% and total cumulative return in cash at $170,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,078/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12303, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,405 (100%) |
| Owner Occupied HU | 8,882 (66.3%) |
| Renter Occupied HU | 3,717 (27.7%) |
| Vacant Housing Units | 806 ( 6.0%) |
| Median Home Value | $263,822 |
| Average Home Value | $316,506 |
Housing Distribution
Address Breakdown
Residential
12,409
Single Family
12,096
Multi-Family
313
Businesses
563
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Listed by: Deborah A Hoelzli • Carrow Real Estate Services LLC
Mls Name: Global MLS
Mls ID: #202610201