308 Saipan 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
Rental property for sale in Johnstown at 308 Saipan Ave, Johnstown, PA, 15902 offers $1,080/mo rent that, after a $636/mo payment, leaves $229/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $2,743/yr on $43,062 cash. Return on cash invested measures 26.28% in year one, and rental yield stands at 9.98% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 137.51% and total cumulative return in cash reaches $59,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,227 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: Hunter Ott • Howard Hanna Bardell Realty Altoona
Mls Name: AHAR
Mls ID: #78771