744 Hamilton StreetSchenectadyNY12307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 744 Hamilton Street, Schenectady, NY, 12307 uses $60,333 cash to close to unlock $7,109/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $1,808/mo, and a $891/mo payment keeps the spread at $592/mo. Purchase price stands at $182,000, and rental yield measures 11.92% with $1,808/mo rent. Return on cash invested shows 31.69% in year one, and 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 166.73% and total cumulative return in cash records $100,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,808/mo property income covering a $891/mo payment rather than investor’s personal income.
Townhouse
Built in 1995
3,049 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Nye • KW Platform
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #156878
Disclaimer: IDX information 2025 by the Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.