104 Erin RdJohnstownPA15905
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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 Johnstown at 104 Erin Rd, Johnstown, PA, 15905 priced at $259,000 converts $2,276/mo rent into $578/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,276/mo, and annual cash flow totals $6,942/yr on $85,859 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 10.55% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 146.7% and total cumulative return in cash sums $125,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,276/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15905, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,846 (100%) |
| Owner Occupied HU | 6,725 (68.3%) |
| Renter Occupied HU | 2,048 (20.8%) |
| Vacant Housing Units | 1,073 (10.9%) |
| Median Home Value | $153,828 |
| Average Home Value | $183,997 |
Housing Distribution
Address Breakdown
Residential
9,119
Single Family
8,567
Multi-Family
552
Businesses
392
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Listed by: Jerry Murphy • RE/MAX POWER Associates
Mls Name: CSMLS
Mls Provider:
Mls ID: #96036627
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.