High Rental Yield Investment Properties for Sale in Schenectady, NY

Listed for sale 1 day ago
$ 249,000
ROI
25.0
Cash Flow/m
363- 3 Bed
- 2 Bath
- 1484 sft
2302 William Street, Schenectady, NY, 12306

Listed for sale 1 day ago
$ 430,000
ROI
21.9
Cash Flow/m
256- 3 Bed
- 2 Bath
- 1963 sft
1 Kenmore Avenue, Schenectady, NY, 12304

Listed for sale 1 day ago
$ 319,000
ROI
27.8
Cash Flow/m
716- 3 Bed
- 2 Bath
- 1650 sft
2906 Guilderland Avenue, Schenectady, NY, 12306

Listed for sale 1 day ago
$ 199,900
ROI
26.5
Cash Flow/m
375- 2 Bed
- 1 Bath
- 838 sft
2116 Neil Street, Schenectady, NY, 12306
Why Invest in Schenectady, New York?
High rental yield properties in Schenectady, NY offer investors strong cash flow potential in an affordable upstate market. Average rents around $1,243/month are 23% below national averages, paired with home values near $315k. Recent 2.2-3.1% rent growth and 3.3% appreciation support steady returns. Cap rates remain attractive at 7-8% for multifamily and single-family rentals. Renter occupancy exceeds 60%, driven by local employment stability.
9.2%
Avg. ROI
8.5%
Rental Yield
7.2%
Cap Rate
$420/mo
Avg. Cash Flow
$1243/mo
Avg. Rent
3.3%
1Y Appreciation
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