288 Glessner RdJohnstownPA15905
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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 288 Glessner Rd, Johnstown, PA, 15905 offers a 9.58% rental yield on a $149,900 purchase with $1,197/mo rent. Total monthly income registers $1,197/mo, and a $734/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,573/yr on $49,692 to close, and return on cash invested stands at 25.09% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 131.15% and total cumulative return in cash at $65,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,197/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15905, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,846 (100%) |
| Owner Occupied HU | 6,725 (68.3%) |
| Renter Occupied HU | 2,048 (20.8%) |
| Vacant Housing Units | 1,073 (10.9%) |
| Median Home Value | $153,828 |
| Average Home Value | $183,997 |
Housing Distribution
Address Breakdown
Residential
9,119
Single Family
8,567
Multi-Family
552
Businesses
392
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Listed by: Kevin Singer • CENTURY 21 ALL SERVICE, INC.
Mls Name: CSMLS
Mls ID: #96037945