318 Chiswell RoadSchenectadyNY12304
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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 318 Chiswell Road, Schenectady, NY, 12304 priced at $188,700 pairs $1,437/mo rent with $176/mo cash flow after a $924/mo payment. Total monthly income equals $1,437/mo, and annual cash flow comes to $2,118/yr on $62,554 invested. Return on cash invested is 23.29% in year one, and rental yield stands at 9.14% on a $188,700 basis. Equity gained on principal adds $1,218/yr, and 5% annual appreciation accumulates to $52,134 by year five. Five-year ROI measures 121.66% and total cumulative return in cash reaches $76,104. For financing, Ziffy Mortgage’s DSCR program evaluates $1,437/mo property income against a $924/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12304, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,827 (100%) |
| Owner Occupied HU | 5,220 (53.1%) |
| Renter Occupied HU | 4,011 (40.8%) |
| Vacant Housing Units | 596 ( 6.1%) |
| Median Home Value | $214,106 |
| Average Home Value | $258,404 |
Housing Distribution
Address Breakdown
Residential
8,914
Single Family
8,353
Multi-Family
561
Businesses
558
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Listed by: Kelly L Sharifipour • Darby Real Estate of New York Inc
Mls Name: Global MLS
Mls ID: #202531090