17 Martin AveJohnson 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
Investment property for sale in Johnson City at 17 Martin Ave, Johnson City, NY, 13790 uses $57,515 cash to close to unlock $11,071/yr annual cash flow and $923/mo monthly cash flow. Total monthly income runs $2,081/mo, and a $849/mo payment keeps the spread at $923/mo. Purchase price stands at $173,500, and rental yield measures 14.39% with $2,081/mo rent. Return on cash invested shows 39.16% in year one, and 5% annual appreciation builds toward $47,935 over five years. Five-year ROI reaches 206.73% and total cumulative return in cash records $118,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,081/mo property income covering a $849/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,098 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: Lisa Barrows • WARREN REAL ESTATE (FRONT STREET)
Mls Name: GBMLS
Mls ID: #331934