98 Richard 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
Rental property for sale in Johnson City at 98 Richard St, Johnson City, NY, 13790 offers $1,348/mo rent that, after a $827/mo payment, leaves $220/mo cash flow. Total monthly income is $1,348/mo, and annual cash flow is $2,635/yr on $56,024 cash. Return on cash invested measures 24.61% in year one, and rental yield stands at 9.57% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 128.74% and total cumulative return in cash reaches $72,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,348/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1936
5,000 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: Jody Butts • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #330253
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.