342 County Hwy 122JohnstownNY12095
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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 Johnstown at 342 County Hwy 122, Johnstown, NY, 12095 offers a 12.81% rental yield on a $244,900 purchase with $2,615/mo rent. Total monthly income registers $2,615/mo, and a $1,199/mo payment leaves $979/mo available for distribution. Annual cash flow reaches $11,751/yr on $81,184 to close, and return on cash invested stands at 34.38% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 181.15% and total cumulative return in cash at $147,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,615/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.90 Acres 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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Listed by: Dayton J King • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202411978
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