205 Milton 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
Rental property for sale in Altoona at 205 Milton Ave, Altoona, PA, 16602 offers $1,440/mo rent that, after a $806/mo payment, leaves $361/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $4,330/yr on $54,598 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 10.49% at a $164,700 entry. Equity gained on principal adds $1,063/yr while 5% annual appreciation compounds into $45,504 by year five. Five-year ROI records 145.85% and total cumulative return in cash reaches $79,633. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.27 Acres 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: N/A • N/A
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