406 Pennsylvania AvenueSchenectadyNY12303
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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 406 Pennsylvania Avenue, Schenectady, NY, 12303 priced at $269,900 pairs $2,114/mo rent with $312/mo cash flow after a $1,321/mo payment. Total monthly income equals $2,114/mo, and annual cash flow comes to $3,740/yr on $89,472 invested. Return on cash invested is 24.09% in year one, and rental yield stands at 9.4% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 125.92% and total cumulative return in cash reaches $112,662. For financing, Ziffy Mortgage’s DSCR program evaluates $2,114/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12303, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,405 (100%) |
| Owner Occupied HU | 8,882 (66.3%) |
| Renter Occupied HU | 3,717 (27.7%) |
| Vacant Housing Units | 806 ( 6.0%) |
| Median Home Value | $263,822 |
| Average Home Value | $316,506 |
Housing Distribution
Address Breakdown
Residential
12,409
Single Family
12,096
Multi-Family
313
Businesses
563
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Listed by: Frances P Callahan • Staged Nest Real Estate LLC
Mls Name: Global MLS
Mls ID: #202522470