310 Courter AveJohnstownPA15909
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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 310 Courter Ave, Johnstown, PA, 15909 listed at $149,900 pairs $870/mo rent with a $734/mo payment. Total monthly income runs $870/mo. Return on cash invested measures 17.19% in year one, and rental yield registers 6.96% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 88.79% and total cumulative return in cash totals $44,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $870/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15909, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,662 (100%) |
| Owner Occupied HU | 1,982 (74.5%) |
| Renter Occupied HU | 388 (14.6%) |
| Vacant Housing Units | 292 (11.0%) |
| Median Home Value | $147,619 |
| Average Home Value | $172,181 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,213
Multi-Family
6
Businesses
110
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Listed by: Douglas Meagher • RE/MAX Power Associates
Mls Name: AHAR
Mls Provider:
Mls ID: #75540
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of the Allegheny Highland Association of Realtors® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Copyright 2024 Allegheny Highland Association of Realtors, Inc.