1603 Scott AveJohnstownPA15902
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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 1603 Scott Ave, Johnstown, PA, 15902 offers a 9.38% rental yield on a $120,000 purchase with $938/mo rent. Total monthly income registers $938/mo, and a $587/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,824/yr on $39,780 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 127.89% and total cumulative return in cash at $50,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $938/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15902, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,021 (48.0%) |
| Renter Occupied HU | 1,889 (30.0%) |
| Vacant Housing Units | 1,389 (22.1%) |
| Median Home Value | $71,028 |
| Average Home Value | $114,461 |
Housing Distribution
Address Breakdown
Residential
4,971
Single Family
4,604
Multi-Family
367
Businesses
225
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Listed by: Michael Zakuciya • KW EXCLUSIVE REAL ESTATE
Mls Name: CSMLS
Mls ID: #96036626