829 Grant 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 829 Grant St, Johnson City, NY, 13790 with 5% annual appreciation on a $169,800 basis while $1,694/mo rent supports operations. Total monthly income totals $1,694/mo and a $831/mo payment preserves $560/mo for cash returns. Annual cash flow comes to $6,722/yr on $56,289 deployed, and return on cash invested reaches 31.85% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,913 alongside rental yield of 11.97%. Five-year ROI measures 167.6% and total cumulative return in cash totals $94,338.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,694/mo property income versus a $831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
9,180 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: Maureen (Mimi) Gorman • EXIT REALTY HOMEWARD BOUND
Mls Name: GBMLS
Mls ID: #333972