119 Basset LnJohnstownPA15906
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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 119 Basset Ln, Johnstown, PA, 15906 priced at $149,900 converts $1,648/mo rent into $565/mo cash flow after a $734/mo obligation. Total monthly income equals $1,648/mo, and annual cash flow totals $6,780/yr on $49,692 invested. Return on cash invested prints 33.55% in year one, and rental yield reads 13.19% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 177.35% and total cumulative return in cash sums $88,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,648/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15906, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,558 (100%) |
| Owner Occupied HU | 2,954 (53.1%) |
| Renter Occupied HU | 1,510 (27.2%) |
| Vacant Housing Units | 1,094 (19.7%) |
| Median Home Value | $59,548 |
| Average Home Value | $130,322 |
Housing Distribution
Address Breakdown
Residential
4,678
Single Family
4,511
Multi-Family
167
Businesses
186
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Listed by: James Hanley • RE/MAX POWER Associates
Mls Name: CSMLS
Mls Provider:
Mls ID: #96035187
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.