118 Ethel StJohnson cityNY13790
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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 Johnson city at 118 Ethel St, Johnson city, NY, 13790 priced at $152,900 pairs $1,538/mo rent with $517/mo cash flow after a $748/mo payment. Total monthly income equals $1,538/mo, and annual cash flow comes to $6,208/yr on $50,686 invested. Return on cash invested is 32.16% in year one, and rental yield stands at 12.07% on a $152,900 basis. Equity gained on principal adds $987/yr, and 5% annual appreciation accumulates to $42,243 by year five. Five-year ROI measures 169.24% and total cumulative return in cash reaches $85,780. For financing, Ziffy Mortgage’s DSCR program evaluates $1,538/mo property income against a $748/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1930
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13790, Johnson City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,406 (100%) |
| Owner Occupied HU | 4,215 (44.8%) |
| Renter Occupied HU | 3,857 (41.0%) |
| Vacant Housing Units | 1,334 (14.2%) |
| Median Home Value | $129,675 |
| Average Home Value | $196,243 |
Housing Distribution
Address Breakdown
Residential
8,061
Single Family
7,107
Multi-Family
954
Businesses
662
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Listed by: Dawn Marie Shafer • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #330480
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.