163 Pollard Hill RdJohnson CityNY13790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 163 Pollard Hill Rd, Johnson City, NY, 13790 priced at $282,500 converts $2,070/mo rent into $183/mo cash flow after a $1,383/mo obligation. Total monthly income equals $2,070/mo, and annual cash flow totals $2,199/yr on $93,649 invested. Return on cash invested prints 22.26% in year one, and rental yield reads 8.79% against a $282,500 entry. Equity gained on principal adds $1,823/yr, while 5% annual appreciation compiles into $78,050 by year five. Five-year ROI reaches 116.1% and total cumulative return in cash sums $108,722. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,070/mo property income covering a $1,383/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.83 Acres 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: Chandler Mills • EXIT REALTY FRONT AND CENTER
Mls Name: GBMLS
Mls Provider:
Mls ID: #328518
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.