378 County Highway 131JohnstownNY12095
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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 378 County Highway 131, Johnstown, NY, 12095 listed at $243,000 pairs $2,226/mo rent with a $1,189/mo payment to leave $604/mo cash flow. Total monthly income runs $2,226/mo, and annual cash flow reaches $7,244/yr on $80,555 cash to close. Return on cash invested measures 28.9% in year one, and rental yield registers 10.99% at a $243,000 basis. Equity gained on principal adds $1,568/yr, and annual property appreciation at 5% supports $67,136 by year five. Five-year ROI tracks 151.72% and total cumulative return in cash totals $122,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,226/mo property income relative to a $1,189/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
4.80 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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