701 Union StreetSchenectadyNY12305
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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 701 Union Street, Schenectady, NY, 12305 at $499,900 posts ROI 19.85% with from $3,330/mo rent. Total monthly income equals $3,330/mo. Return on cash invested measures 19.85% and rental yield reads 7.99% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 103.16% and total cumulative return in cash totals $170,952. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,330/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12305, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 301 ( 9.0%) |
| Renter Occupied HU | 2,645 (79.2%) |
| Vacant Housing Units | 392 (11.7%) |
| Median Home Value | $251,136 |
| Average Home Value | $320,153 |
Housing Distribution
Address Breakdown
Residential
3,191
Single Family
1,680
Multi-Family
1,511
Businesses
582
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Listed by: Pavel Karakalchu • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls ID: #202527464