254 Asbury LnAltoonaPA16601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 254 Asbury Ln, Altoona, PA, 16601 with 5% annual appreciation on a $254,900 basis while $2,293/mo rent supports operations. Total monthly income totals $2,293/mo and a $1,248/mo payment preserves $622/mo for cash returns. Annual cash flow comes to $7,467/yr on $84,499 deployed, and return on cash invested reaches 28.75% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 10.79%. Five-year ROI measures 150.73% and total cumulative return in cash totals $127,368.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,293/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
2.23 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Noel • Realty One Group Landmark- Clearfield
Mls Name: Clearfield Jefferson AOR
Mls ID: #08-8800