307 W Madison AveJohnstownNY12095
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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
Rental property for sale in Johnstown at 307 W Madison Ave, Johnstown, NY, 12095 priced at $297,500 converts $2,615/mo rent into $628/mo cash flow after a $1,456/mo obligation. Total monthly income equals $2,615/mo, and annual cash flow totals $7,542/yr on $98,621 invested. Return on cash invested prints 27.56% in year one, and rental yield reads 10.55% against a $297,500 entry. Equity gained on principal adds $1,920/yr, while 5% annual appreciation compiles into $82,194 by year five. Five-year ROI reaches 144.51% and total cumulative return in cash sums $142,519. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,615/mo property income covering a $1,456/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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