509 Bailing StJohnstownPA15909
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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 509 Bailing St, Johnstown, PA, 15909 offers a 10.27% rental yield on a $154,900 purchase with $1,326/mo rent. Total monthly income registers $1,326/mo, and a $758/mo payment leaves $311/mo available for distribution. Annual cash flow reaches $3,734/yr on $51,349 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 142.38% and total cumulative return in cash at $73,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,326/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.56 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: Rachael Shroyer • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1720835
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.