925 Washout RoadSchenectadyNY12302
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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 925 Washout Road, Schenectady, NY, 12302 priced at $229,999 pairs $1,595/mo rent with $59/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,595/mo, and annual cash flow comes to $706/yr on $76,245 invested. Return on cash invested is 20.83% in year one, and rental yield stands at 8.32% on a $229,999 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,544 by year five. Five-year ROI measures 108.45% and total cumulative return in cash reaches $82,686. For financing, Ziffy Mortgage’s DSCR program evaluates $1,595/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
0.74 Acres 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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Listed by: Edward Whitty • Empire Real Estate Firm LLC
Mls Name: Global MLS
Mls ID: #202525580