696 Coon Ridge RdJohnstownPA15905
Nearby investment properties with comparable rents
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 696 Coon Ridge Rd, Johnstown, PA, 15905 generates $1,460/mo in rent and, after a $1,057/mo payment, leaves $7/mo in cash flow. Total monthly income is $1,460/mo, and annual cash flow is $82/yr on $71,604 invested. Return on cash invested sits at 20.02% in year one, and rental yield is 8.11% on a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 104.16% and total cumulative return in cash sums $74,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15905, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,846 (100%) |
| Owner Occupied HU | 6,725 (68.3%) |
| Renter Occupied HU | 2,048 (20.8%) |
| Vacant Housing Units | 1,073 (10.9%) |
| Median Home Value | $153,828 |
| Average Home Value | $183,997 |
Housing Distribution
Address Breakdown
Residential
9,119
Single Family
8,567
Multi-Family
552
Businesses
392
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Listed by: Katie R Beckner • REALTY ONE GROUP LANDMARK JOHNSTOWN
Mls Name: CSMLS
Mls Provider:
Mls ID: #96035715
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.