750 Hamilton StreetSchenectadyNY12307
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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
Rental property for sale in Schenectady at 750 Hamilton Street, Schenectady, NY, 12307 priced at $159,500 converts $1,233/mo rent into $168/mo cash flow after a $781/mo obligation. Total monthly income equals $1,233/mo, and annual cash flow totals $2,011/yr on $52,874 invested. Return on cash invested prints 23.71% in year one, and rental yield reads 9.28% against a $159,500 entry. Equity gained on principal adds $1,029/yr, while 5% annual appreciation compiles into $44,067 by year five. Five-year ROI reaches 123.92% and total cumulative return in cash sums $65,521. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,233/mo property income covering a $781/mo payment, not borrower’s personal income.
Single Family
Built in 1995
2,613 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
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Listed by: Bibi S Ramsammy • KW Platform
Mls Name: Global MLS
Mls ID: #202529430