969 Vischer AvenueSchenectadyNY12306
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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 Schenectady at 969 Vischer Avenue, Schenectady, NY, 12306 uses $72,599 cash to close to unlock $1,001/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $1,072/mo payment keeps the spread at $83/mo. Purchase price stands at $219,000, and rental yield measures 8.47% with $1,546/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash records $80,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single 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: Victoria McLaughlin • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202610437