655 Fillmore AvenueSchenectadyNY12304
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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 655 Fillmore Avenue, Schenectady, NY, 12304 with 5% annual appreciation on a $169,999 basis while $1,316/mo rent supports operations. Total monthly income totals $1,316/mo and a $832/mo payment preserves $181/mo for cash returns. Annual cash flow comes to $2,170/yr on $56,355 deployed, and return on cash invested reaches 23.76% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.29%. Five-year ROI measures 124.14% and total cumulative return in cash totals $69,957.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,316/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12304, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,827 (100%) |
| Owner Occupied HU | 5,220 (53.1%) |
| Renter Occupied HU | 4,011 (40.8%) |
| Vacant Housing Units | 596 ( 6.1%) |
| Median Home Value | $214,106 |
| Average Home Value | $258,404 |
Housing Distribution
Address Breakdown
Residential
8,914
Single Family
8,353
Multi-Family
561
Businesses
558
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Listed by: Angela Gonyo • Wolf River Real Estate, LLC
Mls Name: Global MLS
Mls ID: #202530457