119 Devon DrJohnstownPA15904
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Nearby investment properties with comparable prices
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 Johnstown at 119 Devon Dr, Johnstown, PA, 15904 with 5% annual appreciation on a $124,900 basis while $988/mo rent supports operations. Total monthly income totals $988/mo and a $611/mo payment preserves $96/mo for cash returns. Annual cash flow comes to $1,152/yr on $41,404 deployed, and return on cash invested reaches 22.69% in year one. Equity gained on principal adds $806/yr, and five-year appreciation sums $34,508 alongside rental yield of 9.49%. Five-year ROI measures 119% and total cumulative return in cash totals $49,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $988/mo property income versus a $611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15904, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,206 (100%) |
| Owner Occupied HU | 4,883 (67.8%) |
| Renter Occupied HU | 1,737 (24.1%) |
| Vacant Housing Units | 586 ( 8.1%) |
| Median Home Value | $189,059 |
| Average Home Value | $224,818 |
Housing Distribution
Address Breakdown
Residential
6,976
Single Family
6,289
Multi-Family
687
Businesses
848
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Listed by: Willie Hayes • COLDWELL BANKER PRESTIGE REALTY
Mls Name: CSMLS
Mls Provider:
Mls ID: #96036504
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