1603 Walton 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 1603 Walton Ave, Altoona, PA, 16602 listed at $163,000 pairs $1,618/mo rent with a $798/mo payment to leave $550/mo cash flow. Total monthly income runs $1,618/mo, and annual cash flow reaches $6,596/yr on $54,035 cash to close. Return on cash invested measures 32.12% in year one, and rental yield registers 11.91% at a $163,000 basis. Equity gained on principal adds $1,052/yr, and annual property appreciation at 5% supports $45,034 by year five. Five-year ROI tracks 168.82% and total cumulative return in cash totals $91,219. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,618/mo property income relative to a $798/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
5,662 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: Sunshine Sassano • Colony Realty Group, Ltd
Mls Name: AHAR
Mls ID: #78645