337 N Ballston RoadSchenectadyNY12302
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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 337 N Ballston Road, Schenectady, NY, 12302 at $310,000 posts ROI 17.11% with from $1,830/mo rent. Total monthly income equals $1,830/mo. Return on cash invested measures 17.11% and rental yield reads 7.08% at the current $310,000. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 by year five. Five-year ROI prints 88.5% and total cumulative return in cash totals $90,943. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,830/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12302, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 8,698 (68.5%) |
| Renter Occupied HU | 3,062 (24.1%) |
| Vacant Housing Units | 931 ( 7.3%) |
| Median Home Value | $271,870 |
| Average Home Value | $311,678 |
Housing Distribution
Address Breakdown
Residential
12,116
Single Family
10,636
Multi-Family
1,480
Businesses
606
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Listed by: Christopher Maley • Miranda Real Estate Group, Inc
Mls Name: Global MLS
Mls ID: #202528155