227 Martin RdJohnstownPA15904
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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
Rental property for sale in Johnstown at 227 Martin Rd, Johnstown, PA, 15904 offers $1,639/mo rent that, after a $1,155/mo payment, leaves $93/mo cash flow. Total monthly income is $1,639/mo, and annual cash flow is $1,114/yr on $78,201 cash. Return on cash invested measures 21.33% in year one, and rental yield stands at 8.34% at a $235,900 entry. Equity gained on principal adds $1,522/yr while 5% annual appreciation compounds into $65,175 by year five. Five-year ROI records 110.96% and total cumulative return in cash reaches $86,771. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,639/mo property income versus a $1,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
1.07 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: Ralph Rossi • PERRY WELLINGTON REALTY
Mls Name: CSMLS
Mls ID: #96037417