23 Oakwood AveJohnstownNY12095
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 23 Oakwood Ave, Johnstown, NY, 12095 offers $1,444/mo rent that, after a $803/mo payment, leaves $349/mo cash flow. Total monthly income is $1,444/mo, and annual cash flow is $4,182/yr on $54,366 cash. Return on cash invested measures 27.6% in year one, and rental yield stands at 10.57% at a $164,000 entry. Equity gained on principal adds $1,058/yr while 5% annual appreciation compounds into $45,310 by year five. Five-year ROI records 144.79% and total cumulative return in cash reaches $78,717. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,444/mo property income versus a $803/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,583 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