330 Floral AveJohnson 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 330 Floral Ave, Johnson City, NY, 13790 offers $1,275/mo rent that, after a $783/mo payment, leaves $207/mo cash flow. Total monthly income is $1,275/mo, and annual cash flow is $2,480/yr on $53,040 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 9.56% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 128.6% and total cumulative return in cash reaches $68,210. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,275/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
4,520 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marlene Dunlap-Martino • eXp REALTY
Mls Name: GBMLS
Mls ID: #333695