418 Summit AvenueSchenectadyNY12307
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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 418 Summit Avenue, Schenectady, NY, 12307 earns $714/mo cash flow from $1,642/mo rent with a $680/mo payment. Total monthly income totals $1,642/mo, and annual cash flow totals $8,569/yr on $46,079 capital. ROI tracks 38.51% on current figures, and rental yield reads 14.18% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 203.31% and total cumulative return in cash sums $93,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,642/mo property income instead of your personal income.
Townhouse
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12307, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,605 (100%) |
| Owner Occupied HU | 729 (20.2%) |
| Renter Occupied HU | 2,350 (65.2%) |
| Vacant Housing Units | 526 (14.6%) |
| Median Home Value | $101,736 |
| Average Home Value | $192,937 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,316
Multi-Family
502
Businesses
143
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Listed by: Khadijah Peek • Peek Realty
Mls Name: Global MLS
Mls ID: #202519744