704 Scalp AveJohnstownPA15904
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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 704 Scalp Ave, Johnstown, PA, 15904 uses $66,267 cash to close to unlock $4,098/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,651/mo, and a $978/mo payment keeps the spread at $342/mo. Purchase price stands at $199,900, and rental yield measures 9.91% with $1,651/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 136.52% and total cumulative return in cash records $90,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,651/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1936
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15904, Johnstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,206 (100%) |
| Owner Occupied HU | 4,883 (67.8%) |
| Renter Occupied HU | 1,737 (24.1%) |
| Vacant Housing Units | 586 ( 8.1%) |
| Median Home Value | $189,059 |
| Average Home Value | $224,818 |
Housing Distribution
Address Breakdown
Residential
6,976
Single Family
6,289
Multi-Family
687
Businesses
848
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Listed by: Michael Zamias • RE/MAX TEAM, REALTORS
Mls Name: CSMLS
Mls ID: #96037698