115 Clarion StJohnstownPA15905
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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 115 Clarion St, Johnstown, PA, 15905 priced at $125,000 converts $942/mo rent into $123/mo cash flow after a $612/mo obligation. Total monthly income equals $942/mo, and annual cash flow totals $1,473/yr on $41,438 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 9.04% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 122.39% and total cumulative return in cash sums $50,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $942/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1906
7,405 sqft 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: Michele Haschak • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687629
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.