337 Perry StreetSchenectadyNY12306
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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 337 Perry Street, Schenectady, NY, 12306 generates $2,687/mo in rent and, after a $807/mo payment, leaves $1,586/mo in cash flow. Total monthly income is $2,687/mo, and annual cash flow is $19,031/yr on $54,664 invested. Return on cash invested sits at 54.72% in year one, and rental yield is 19.55% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 290.15% and total cumulative return in cash sums $158,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,687/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12306, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,758 (100%) |
| Owner Occupied HU | 8,039 (63.0%) |
| Renter Occupied HU | 3,946 (30.9%) |
| Vacant Housing Units | 773 ( 6.1%) |
| Median Home Value | $249,354 |
| Average Home Value | $308,804 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
11,893
Multi-Family
390
Businesses
507
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Listed by: Robert Saumell Jr. • KW Platform
Mls Name: Global MLS
Mls ID: #202527858