1129 Kettle RdAltoonaPA16601
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 Altoona at 1129 Kettle Rd, Altoona, PA, 16601 offers $1,596/mo rent that, after a $1,346/mo payment. Total monthly income is $1,596/mo. Return on cash invested measures 17.2% in year one, and rental yield stands at 6.96% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 88.77% and total cumulative return in cash reaches $80,927. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,596/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16601, Altoona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,637 (100%) |
| Owner Occupied HU | 8,826 (60.3%) |
| Renter Occupied HU | 4,227 (28.9%) |
| Vacant Housing Units | 1,584 (10.8%) |
| Median Home Value | $163,189 |
| Average Home Value | $210,151 |
Housing Distribution
Address Breakdown
Residential
14,375
Single Family
13,114
Multi-Family
1,261
Businesses
837
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Seymore • Coldwell Banker Town & Country R.E.
Mls Name: AHAR
Mls ID: #78883