325 Midland AvenueSchenectadyNY12304
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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 325 Midland Avenue, Schenectady, NY, 12304 offers $1,540/mo rent that, after a $1,077/mo payment, leaves $71/mo cash flow. Total monthly income is $1,540/mo, and annual cash flow is $848/yr on $72,930 cash. Return on cash invested measures 21.07% in year one, and rental yield stands at 8.4% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 109.73% and total cumulative return in cash reaches $80,027. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,540/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
5,663 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: Christina M Sutherland • eXp Realty
Mls Name: Global MLS
Mls ID: #202530129