185 Ackley 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
Rental property for sale in Johnson City at 185 Ackley Ave, Johnson City, NY, 13790 priced at $179,000 converts $1,466/mo rent into $271/mo cash flow after a $876/mo obligation. Total monthly income equals $1,466/mo, and annual cash flow totals $3,249/yr on $59,339 invested. Return on cash invested prints 25.38% in year one, and rental yield reads 9.83% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 132.83% and total cumulative return in cash sums $78,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,466/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,400 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: Gena Tanzini • EXIT REALTY HOMEWARD BOUND
Mls Name: GBMLS
Mls Provider:
Mls ID: #330286
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