959-961 River RoadSchenectadyNY12306
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 959-961 River Road, Schenectady, NY, 12306 earns $962/mo cash flow from $2,363/mo rent with a $1,027/mo payment. Total monthly income totals $2,363/mo, and annual cash flow totals $11,540/yr on $69,582 capital. ROI tracks 36.49% on current figures, and rental yield reads 13.51% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 192.44% and total cumulative return in cash sums $133,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,363/mo property income instead of your personal income.
Multi Family
Built in 1928
6,534 sqft 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: David M Schrepper • RE/MAX Solutions
Mls Name: Global MLS
Mls ID: #202523095