57 Albert StJohnson 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 57 Albert St, Johnson City, NY, 13790 uses $93,483 cash to close to unlock $2,245/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $2,070/mo, and a $1,380/mo payment keeps the spread at $187/mo. Purchase price stands at $282,000, and rental yield measures 8.81% with $2,070/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 116.39% and total cumulative return in cash records $108,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Single Family
Built in 1920
N/A 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: John Farrell • EXIT REALTY HOMEWARD BOUND
Mls Name: EXIT Realty broker feed
Mls ID: #332289