821 Congress StreetSchenectadyNY12303
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 821 Congress Street, Schenectady, NY, 12303 with 5% annual appreciation on a $215,000 basis while $1,543/mo rent supports operations. Total monthly income totals $1,543/mo and a $1,052/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,291/yr on $71,273 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 8.61%. Five-year ROI measures 113.23% and total cumulative return in cash totals $80,701.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,543/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12303, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,405 (100%) |
| Owner Occupied HU | 8,882 (66.3%) |
| Renter Occupied HU | 3,717 (27.7%) |
| Vacant Housing Units | 806 ( 6.0%) |
| Median Home Value | $263,822 |
| Average Home Value | $316,506 |
Housing Distribution
Address Breakdown
Residential
12,409
Single Family
12,096
Multi-Family
313
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John T Judski • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls ID: #202524761