2200 & 2199 Farm To Market RdJohnson 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 2200 & 2199 Farm To Market Rd, Johnson City, NY, 13790 uses $74,588 cash to close to unlock $7,893/yr annual cash flow and $658/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,101/mo payment keeps the spread at $658/mo. Purchase price stands at $225,000, and rental yield measures 11.52% with $2,160/mo rent. Return on cash invested shows 30.49% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 160.25% and total cumulative return in cash records $119,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1945
3.27 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: Barbara Cokely • HOWARD HANNA
Mls Name: GBMLS
Mls ID: #334315