32 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 32 Martin Ave, Johnson City, NY, 13790 uses $49,725 cash to close to unlock $2,430/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,204/mo, and a $734/mo payment keeps the spread at $203/mo. Purchase price stands at $150,000, and rental yield measures 9.63% with $1,204/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 129.75% and total cumulative return in cash records $64,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,204/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1948
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: Laura Melville • WARREN REAL ESTATE (FRONT STREET)
Mls Name: GBMLS
Mls Provider:
Mls ID: #330251
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.