206 S Melcher 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
Investment property for sale in Johnstown at 206 S Melcher Street, Johnstown, NY, 12095 at $140,000 posts ROI 48.7% with $1,113/mo cash flow from $2,048/mo rent. Total monthly income equals $2,048/mo, and annual cash flow records $13,360/yr on $46,410 to close. Return on cash invested measures 48.7% and rental yield reads 17.55% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 257.94% and total cumulative return in cash totals $119,710.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,048/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie-Anne Isabella • Own It Realty LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202326178
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