633 Horner StJohnstownPA15902
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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 633 Horner St, Johnstown, PA, 15902 priced at $130,000 converts $676/mo rent into after a $636/mo obligation. Total monthly income equals $676/mo. Return on cash invested prints 15.02% in year one, and rental yield reads 6.24% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 77.17% and total cumulative return in cash sums $33,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $676/mo property income covering a $636/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
0.33 Acres 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: Ian Banks • RE/MAX POWER Associates
Mls Name: CSMLS
Mls Provider:
Mls ID: #96035456
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.