56 Waldorf PlaceSchenectadyNY12307
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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 56 Waldorf Place, Schenectady, NY, 12307 listed at $199,000 pairs $4,710/mo rent with a $974/mo payment to leave $3,381/mo cash flow. Total monthly income runs $4,710/mo, and annual cash flow reaches $40,573/yr on $65,969 cash to close. Return on cash invested measures 81.41% in year one, and rental yield registers 28.4% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 433.36% and total cumulative return in cash totals $285,882. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,710/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
3,484 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: Bryan J Campo • Go Lyst Agency LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202422890
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker