58 Orchard 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 58 Orchard Ave, Johnson City, NY, 13790 offers $1,028/mo rent that, after a $636/mo payment, leaves $160/mo cash flow. Total monthly income is $1,028/mo, and annual cash flow is $1,924/yr on $43,062 cash. Return on cash invested measures 24.38% in year one, and rental yield stands at 9.5% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 127.54% and total cumulative return in cash reaches $54,919. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,028/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Coty Lunn • INNOVATIVE COMMERCIAL ADVISORS
Mls Name: GBMLS
Mls Provider:
Mls ID: #330826
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.