3 Whitmore AvenueJohnstownNY12095
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3 Whitmore Avenue, Johnstown, NY, 12095 in Johnstown: $2,245/mo in rent, $1,411/mo net, 21.57% gross yield, all on a $124,900 acquisition. The 3.99 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $34,508 in value, and $1,150/yr in principal paydown steadily builds equity. Projected total cumulative return: $138,442.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 21.6% | 6.2% |
| Monthly Cash Flow | $1,411 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,245 |
| Total Monthly Debt Service | $784 |
| DSCR Ratio | 2.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
7,405 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
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
Single Family
Built in 1900
7,405 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