1244 Erickson DrJohnstownPA15904
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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 Johnstown at 1244 Erickson Dr, Johnstown, PA, 15904 offers a 10.16% rental yield on a $189,900 purchase with $1,608/mo rent. Total monthly income registers $1,608/mo, and a $929/mo payment leaves $364/mo available for distribution. Annual cash flow reaches $4,369/yr on $62,952 to close, and return on cash invested stands at 26.85% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 140.61% and total cumulative return in cash at $88,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,608/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
10,454 sqft 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: Kevin Singer • CENTURY 21 ALL SERVICE, INC.
Mls Name: CSMLS
Mls Provider:
Mls ID: #96036864
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.