For 735 Grove Ave, a 3-bed, 2-bath, 2,484 sqft single-family home in Johnstown, estimated monthly rent potential ranges from $950 to $1,350 based on neighborhood comps and HUD limits. With a median rent of $1,150, annual gross revenue could hit $13.8K–$16.2K. At the current $60K valuation, payback could occur in 4–5 years—an unusually fast window. The local market skews affordable, with steady rental demand and limited price growth. This property’s size, updated features, and classic details like stained glass windows and a new roof bolster its appeal, though local school ratings and older housing stock can be challenges.

To maximize value, consider light updates to kitchens and baths, and finish the third floor for extra rentable space or higher rents. If selling, highlight the home’s rare square footage, period details, and recent capital improvements like the roof and windows. For investors, marketing to families or groups seeking substantial living space could lift occupancy and rent. Flexible lease terms—monthly or short-term—may also capture more of Johnstown’s extended-stay market.