3127 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
Rental property for sale in Schenectady at 3127 E Lydius Street, Schenectady, NY, 12303 priced at $279,900 converts $3,234/mo rent into $1,365/mo cash flow after a $1,370/mo obligation. Total monthly income equals $3,234/mo, and annual cash flow totals $16,378/yr on $92,787 invested. Return on cash invested prints 37.56% in year one, and rental yield reads 13.86% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 198.13% and total cumulative return in cash sums $183,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,234/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.34 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: Nichole Hoeksema • CM Fox, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202421422
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker