344 Dolan DriveSchenectadyNY12306
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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 344 Dolan Drive, Schenectady, NY, 12306 priced at $370,000 pairs $3,318/mo rent with $847/mo cash flow after a $1,811/mo payment. Total monthly income equals $3,318/mo, and annual cash flow comes to $10,166/yr on $122,655 invested. Return on cash invested is 28.2% in year one, and rental yield stands at 10.76% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 147.95% and total cumulative return in cash reaches $181,469. For financing, Ziffy Mortgage’s DSCR program evaluates $3,318/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.29 Acres 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: Melissa Matey • Miranda Real Estate Group, Inc
Mls Name: Global MLS
Mls ID: #202525262