8 Irving RoadScotiaNY12302
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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 Scotia at 8 Irving Road, Scotia, NY, 12302 with 5% annual appreciation on a $285,000 basis while $2,540/mo rent supports operations. Total monthly income totals $2,540/mo and a $1,395/mo payment preserves $637/mo for cash returns. Annual cash flow comes to $7,641/yr on $94,478 deployed, and return on cash invested reaches 28% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 10.69%. Five-year ROI measures 146.86% and total cumulative return in cash totals $138,750.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,540/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12302, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 8,698 (68.5%) |
| Renter Occupied HU | 3,062 (24.1%) |
| Vacant Housing Units | 931 ( 7.3%) |
| Median Home Value | $271,870 |
| Average Home Value | $311,678 |
Housing Distribution
Address Breakdown
Residential
12,116
Single Family
10,636
Multi-Family
1,480
Businesses
606
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