691 St Marks LaneSchenectadyNY12309
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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 691 St Marks Lane, Schenectady, NY, 12309 with 5% annual appreciation on a $699,999 basis while $3,718/mo rent supports operations. 08% in year one. Equity gained on principal adds $4,517/yr, and five-year appreciation sums $193,397 alongside rental yield of 6.37%. Five-year ROI measures 77.54% and total cumulative return in cash totals $178,575. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,718/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12309, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,491 (100%) |
| Owner Occupied HU | 9,704 (71.9%) |
| Renter Occupied HU | 3,031 (22.5%) |
| Vacant Housing Units | 756 ( 5.6%) |
| Median Home Value | $348,109 |
| Average Home Value | $382,773 |
Housing Distribution
Address Breakdown
Residential
12,862
Single Family
12,210
Multi-Family
652
Businesses
513
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Listed by: Joseph Amiccuci • J Paul Realty Group LLC
Mls Name: Global MLS
Mls ID: #202528086