115 E Bell AveAltoonaPA16602
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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 Altoona at 115 E Bell Ave, Altoona, PA, 16602 uses $48,731 cash to close to unlock $4,143/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $719/mo payment keeps the spread at $345/mo. Purchase price stands at $147,000, and rental yield measures 10.68% with $1,308/mo rent. Return on cash invested shows 28.41% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 148.98% and total cumulative return in cash records $72,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $719/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16602, Altoona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,156 (100%) |
| Owner Occupied HU | 8,015 (60.9%) |
| Renter Occupied HU | 3,857 (29.3%) |
| Vacant Housing Units | 1,284 ( 9.8%) |
| Median Home Value | $155,913 |
| Average Home Value | $180,066 |
Housing Distribution
Address Breakdown
Residential
12,959
Single Family
11,830
Multi-Family
1,129
Businesses
1,253
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Listed by: Rachel Wagner • Rail City Realty, LLC
Mls Name: AHAR
Mls Provider:
Mls ID: #77269
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