710 Ontario StreetSchenectadyNY12306
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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 710 Ontario Street, Schenectady, NY, 12306 uses $58,013 cash to close to unlock $8,975/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $1,917/mo, and a $857/mo payment keeps the spread at $748/mo. Purchase price stands at $175,000, and rental yield measures 13.15% with $1,917/mo rent. Return on cash invested shows 35.38% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 186.45% and total cumulative return in cash records $108,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,917/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12306, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,758 (100%) |
| Owner Occupied HU | 8,039 (63.0%) |
| Renter Occupied HU | 3,946 (30.9%) |
| Vacant Housing Units | 773 ( 6.1%) |
| Median Home Value | $249,354 |
| Average Home Value | $308,804 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
11,893
Multi-Family
390
Businesses
507
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Listed by: Maria C Connally • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202610491