44 Saratoga DriveSchenectadyNY12302
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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 44 Saratoga Drive, Schenectady, NY, 12302 listed at $437,000 pairs $3,113/mo rent with a $2,139/mo payment to leave $195/mo cash flow. Total monthly income runs $3,113/mo, and annual cash flow reaches $2,336/yr on $144,866 cash to close. Return on cash invested measures 21.52% in year one, and rental yield registers 8.55% at a $437,000 basis. Equity gained on principal adds $2,820/yr, and annual property appreciation at 5% supports $120,735 by year five. Five-year ROI tracks 112.13% and total cumulative return in cash totals $162,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,113/mo property income relative to a $2,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.36 Acres 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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Listed by: Palmiro Damasco • HIS UNLIMITED INC
Mls Name: Global MLS
Mls ID: #202523189