10928 Van Fossen RdJohnstownOH43031
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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 Johnstown at 10928 Van Fossen Rd, Johnstown, OH, 43031 uses $81,483 cash to close to unlock $9,327/yr annual cash flow and $777/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,203/mo payment keeps the spread at $777/mo. Purchase price stands at $245,800, and rental yield measures 11.69% with $2,394/mo rent. Return on cash invested shows 31.36% in year one, and 5% annual appreciation builds toward $67,910 over five years. Five-year ROI reaches 164.78% and total cumulative return in cash records $134,267. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,203/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43031, Johnstown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,160 (76.8%) |
| Renter Occupied HU | 1,143 (21.1%) |
| Vacant Housing Units | 115 ( 2.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $439,511 |
Housing Distribution
Address Breakdown
Residential
5,444
Single Family
5,384
Multi-Family
60
Businesses
336
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