550 Gerling StreetSchenectadyNY12308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 550 Gerling Street, Schenectady, NY, 12308 at $249,900 posts ROI 21.59% with $116/mo cash flow from $1,785/mo rent. Total monthly income equals $1,785/mo, and annual cash flow records $1,396/yr on $82,842 to close. Return on cash invested measures 21.59% and rental yield reads 8.57% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 112.54% and total cumulative return in cash totals $93,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,785/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12308, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 2,565 (36.7%) |
| Renter Occupied HU | 3,655 (52.3%) |
| Vacant Housing Units | 768 (11.0%) |
| Median Home Value | $220,918 |
| Average Home Value | $246,137 |
Housing Distribution
Address Breakdown
Residential
6,164
Single Family
5,713
Multi-Family
451
Businesses
228
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Listed by: Jacqueline D Geraci • Kellie Kieley Realty LLC
Mls Name: Global MLS
Mls ID: #202525311