244 Heritage RdOsterburgPA16667
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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 Osterburg at 244 Heritage Rd, Osterburg, PA, 16667 generates $1,903/mo in rent, after a $1,659/mo payment. Total monthly income is $1,903/mo. Return on cash invested sits at 16.51% in year one, and rental yield is 6.74% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 85.11% and total cumulative return in cash sums $95,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Single Family
Built in 1892
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16667, Osterburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 514 (100%) |
| Owner Occupied HU | 396 (77.0%) |
| Renter Occupied HU | 69 (13.4%) |
| Vacant Housing Units | 49 ( 9.5%) |
| Median Home Value | $208,065 |
| Average Home Value | $240,518 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
12
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Listed by: Marcy Clapper • Howard Hanna Bardell Realty Altoona
Mls Name: AHAR
Mls ID: #78814