117 E Clinton StreetJohnstownNY12095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Johnstown at 117 E Clinton Street, Johnstown, NY, 12095 offers $1,418/mo rent that, after a $660/mo payment, leaves $518/mo cash flow. Total monthly income is $1,418/mo, and annual cash flow is $6,212/yr on $44,679 cash. Return on cash invested measures 33.81% in year one, and rental yield stands at 12.63% at a $134,777 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,236 by year five. Five-year ROI records 178.08% and total cumulative return in cash reaches $79,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,418/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1916
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12095, Johnstown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,711 (100%) |
| Owner Occupied HU | 3,212 (56.2%) |
| Renter Occupied HU | 1,758 (30.8%) |
| Vacant Housing Units | 741 (13.0%) |
| Median Home Value | $168,736 |
| Average Home Value | $238,176 |
Housing Distribution
Address Breakdown
Residential
5,156
Single Family
4,910
Multi-Family
246
Businesses
510
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Listed by: Jeffrey G Hughes • Masters Realty LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202411856
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker