901 Drexel AveJohnstownPA15905
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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 901 Drexel Ave, Johnstown, PA, 15905 uses $52,543 cash to close to unlock $1,262/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $1,144/mo, and a $776/mo payment keeps the spread at $105/mo. Purchase price stands at $158,500, and rental yield measures 8.66% with $1,144/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $43,791 over five years. Five-year ROI reaches 116.27% and total cumulative return in cash records $61,091. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,144/mo property income covering a $776/mo payment rather than investor’s personal income.
Single Family
Built in 1952
8,712 sqft 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: Shannan Yarnick-Louder • RE/MAX POWER Associates
Mls Name: CSMLS
Mls ID: #96036972