1278 State Highway 67JohnstownNY12095
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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 1278 State Highway 67, Johnstown, NY, 12095 uses $72,930 cash to close to unlock $320/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $1,496/mo, and a $1,077/mo payment keeps the spread at $27/mo. Purchase price stands at $220,000, and rental yield measures 8.16% with $1,496/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 105.86% and total cumulative return in cash records $77,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,496/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5.70 Acres 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: Adam Clute • Howard Hanna
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514262
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