4 Nicholas StreetJohnstownNY12095
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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 4 Nicholas Street, Johnstown, NY, 12095 with 5% annual appreciation on a $249,500 basis while $1,414/mo rent supports operations. 25% in year one. Equity gained on principal adds $1,610/yr, and five-year appreciation sums $68,932 alongside rental yield of 6.8%. Five-year ROI measures 83.94% and total cumulative return in cash totals $69,429. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,414/mo property income versus a $1,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1915
9,583 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
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