808 Thompson 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
Rental property for sale in Schenectady at 808 Thompson Street, Schenectady, NY, 12306 generates $3,794/mo in rent and, after a $1,023/mo payment, leaves $2,398/mo in cash flow. Total monthly income is $3,794/mo, and annual cash flow is $28,779/yr on $69,284 invested. Return on cash invested sits at 61.45% in year one, and rental yield is 21.78% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 326.28% and total cumulative return in cash sums $226,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
0.27 Acres 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: Jessica Bedard • Realty One Group Key
Mls Name: Global MLS
Mls Provider:
Mls ID: #202420394
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker