1331 Tennessee AveJohnstownPA15906
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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 1331 Tennessee Ave, Johnstown, PA, 15906 listed at $154,900 pairs $1,238/mo rent with a $758/mo payment to leave $223/mo cash flow. Total monthly income runs $1,238/mo, and annual cash flow reaches $2,678/yr on $51,349 cash to close. Return on cash invested measures 25.12% in year one, and rental yield registers 9.59% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 131.38% and total cumulative return in cash totals $67,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,238/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
10,400 sqft 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: Derek Greene • The Greene Realty Group
Mls Name: Bright MLS
Mls ID: #PACA2000696