2647 Garnet Lake RoadJohnsburgNY12843
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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 Johnsburg at 2647 Garnet Lake Road, Johnsburg, NY, 12843 earns $127/mo cash flow from $2,057/mo rent with a $1,415/mo payment. Total monthly income totals $2,057/mo, and annual cash flow totals $1,519/yr on $95,804 capital. ROI tracks 21.49% on current figures, and rental yield reads 8.54% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 112.01% and total cumulative return in cash sums $107,306. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,057/mo property income instead of your personal income.
Single Family
Built in 1920
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12843, Johnsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 464 (100%) |
| Owner Occupied HU | 225 (48.5%) |
| Renter Occupied HU | 23 ( 5.0%) |
| Vacant Housing Units | 216 (46.6%) |
| Median Home Value | $281,250 |
| Average Home Value | $279,067 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
11
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