114 Clairmont DrAltoonaPA16601
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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
Investment property for sale in Altoona at 114 Clairmont Dr, Altoona, PA, 16601 at $131,300 posts ROI 24.05% with $150/mo cash flow from $1,011/mo rent. Total monthly income equals $1,011/mo, and annual cash flow records $1,803/yr on $43,526 to close. Return on cash invested measures 24.05% and rental yield reads 9.24% at the current $131,300. Equity gained on principal adds $847/yr, and 5% annual appreciation supports $36,276 by year five. Five-year ROI prints 125.61% and total cumulative return in cash totals $54,675.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,011/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2023
N/A 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
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Listed by: N/A • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A