3964 Putnam RoadSchenectadyNY12306
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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 3964 Putnam Road, Schenectady, NY, 12306 earns $47/mo cash flow from $1,383/mo rent with a $979/mo payment. Total monthly income totals $1,383/mo, and annual cash flow totals $568/yr on $66,300 capital. ROI tracks 20.77% on current figures, and rental yield reads 8.3% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 108.12% and total cumulative return in cash sums $71,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,383/mo property income instead of your personal income.
Single Family
Built in 1900
0.62 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: Blair Kline • Saratoga Spa Realty
Mls Name: Global MLS
Mls ID: #202611419