762 Eastern AvenueSchenectadyNY12308
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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 762 Eastern Avenue, Schenectady, NY, 12308 generates $1,784/mo in rent, after a $1,321/mo payment. Total monthly income is $1,784/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 7.93% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 102.17% and total cumulative return in cash sums $91,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,784/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12308, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 2,565 (36.7%) |
| Renter Occupied HU | 3,655 (52.3%) |
| Vacant Housing Units | 768 (11.0%) |
| Median Home Value | $220,918 |
| Average Home Value | $246,137 |
Housing Distribution
Address Breakdown
Residential
6,164
Single Family
5,713
Multi-Family
451
Businesses
228
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Listed by: Peter C DellaRatta • Simon's Rock Realty LLC
Mls Name: Global MLS
Mls ID: #202515177