306 Mount Airy 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
Rental property for sale in Johnstown at 306 Mount Airy Dr, Johnstown, PA, 15904 offers $1,694/mo rent that, after a $881/mo payment, leaves $415/mo cash flow. Total monthly income is $1,694/mo, and annual cash flow is $4,976/yr on $59,637 cash. Return on cash invested measures 28.25% in year one, and rental yield stands at 11.3% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 148.82% and total cumulative return in cash reaches $88,749. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,694/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
$100 monthly 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: Michael Zamias • RE/MAX TEAM, REALTORS
Mls Name: CSMLS
Mls Provider:
Mls ID: #96035494
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.