Breaking Down Rental Yields: Why Schenectady’s Numbers Outpace Other Upstate Cities

When it comes to measuring real estate profitability, rental yield is one of the clearest indicators. And in 2025, Schenectady is stealing the spotlight—not just from Albany, but from most Upstate NY investment markets.

Rental Yields (2025 Averages)

• Schenectady: ~6.5%
  
• Albany: ~5.8%
• Syracuse: ~4.8%
• Rochester: ~4.5%
  
  

Schenectady’s edge comes from its revitalized downtown, expanding healthcare sector, and overall affordability. Investors can often secure multi-family properties for $200K–$250K, while pulling in $2,000+ in monthly rent.

Case Study: Schenectady vs. Syracuse

• Schenectady 3-family → Purchase price: $240,000 | Monthly rent: $2,700 | ~13.5% gross yield
• Syracuse 3-family → Purchase price: $260,000 | Monthly rent: $2,200 | ~10.1% gross yield

The difference is clear: Schenectady delivers more cash flow per dollar invested.

The Investor Takeaway

If your priority is maximizing immediate returns, Schenectady belongs at the top of your list. While Albany may shine for long-term appreciation, Schenectady is where cash-flow-focused investors are finding the strongest opportunities in 2025.

Interested in cash-flow properties hitting these returns? Message me and I’ll share current Schenectady opportunities.