Under $500K Investment Properties for Sale in Schenectady, NY
157- 5 Bed
- 2 Bath
- 1904 sft
377- 2 Bed
- 1 Bath
- 1025 sft
880- 3 Bed
- 3 Bath
- 1400 sft
237- 3 Bed
- 2 Bath
- 1440 sft
Why Invest in Schenectady, New York?
Discover investment opportunities in Schenectady, NY properties under $500k, offering strong value in a competitive market. Median home prices hover around $250k-$314k, well below the threshold, with recent appreciation of 3.5-6.4%. Rental yields average 7-8% in the Albany-Schenectady metro, supported by low vacancy rates near 4.5%. Cap rates around 7.8% and quick sales (18-24 days) make these affordable homes ideal for cash flow and long-term growth. Renter occupancy remains high, driven by stable employment and urban revitalization.
Frequently Asked Questions
Expect cap rates around 7.8% and rental yields of 7-8% for properties under $500k. Median prices at $250k-$314k enable strong cash flow of $400-500/month. Appreciation averages 3.5-6% annually in this market.
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