413 Saratoga Rd TRAILER 34SchenectadyNY12302
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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 413 Saratoga Rd TRAILER 34, Schenectady, NY, 12302 uses $43,095 cash to close to unlock $1,346/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $980/mo, and a $636/mo payment keeps the spread at $112/mo. Purchase price stands at $130,000, and rental yield measures 9.05% with $980/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash records $51,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $980/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
2,000 sqft 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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