2022 Pine AveAltoonaPA16601
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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 2022 Pine Ave, Altoona, PA, 16601 listed at $105,000 pairs $809/mo rent with a $514/mo payment to leave $121/mo cash flow. Total monthly income runs $809/mo, and annual cash flow reaches $1,450/yr on $34,808 cash to close. Return on cash invested measures 24.08% in year one, and rental yield registers 9.25% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 125.67% and total cumulative return in cash totals $43,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $809/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
4,791 sqft 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: Steve Beagan • Coldwell Banker Town & Country R.E.
Mls Name: AHAR
Mls Provider:
Mls ID: #78468
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