1009 Johnston AveKittanningPA16201
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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 Kittanning at 1009 Johnston Ave, Kittanning, PA, 16201 with 5% annual appreciation on a $109,000 basis while $2,036/mo rent supports operations. Total monthly income totals $2,036/mo and a $534/mo payment preserves $1,202/mo for cash returns. Annual cash flow comes to $14,425/yr on $36,134 deployed, and return on cash invested reaches 59.83% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 22.41%. Five-year ROI measures 318.94% and total cumulative return in cash totals $115,246.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,036/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1910
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16201, Kittanning, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,344 (100%) |
| Owner Occupied HU | 5,317 (63.7%) |
| Renter Occupied HU | 2,106 (25.2%) |
| Vacant Housing Units | 921 (11.0%) |
| Median Home Value | $208,528 |
| Average Home Value | $247,877 |
Housing Distribution
Address Breakdown
Residential
7,529
Single Family
7,109
Multi-Family
420
Businesses
680
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Listed by: Cara Narushoff • #1 CHOICE REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1674940
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.