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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Altoona at 2807 Walnut Ave, Altoona, PA, 16601 priced at $205,900 converts $1,516/mo rent into $167/mo cash flow after a $1,008/mo obligation. Total monthly income equals $1,516/mo, and annual cash flow totals $1,999/yr on $68,256 invested. Return on cash invested prints 22.84% in year one, and rental yield reads 8.84% against a $205,900 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation compiles into $56,886 by year five. Five-year ROI reaches 119.06% and total cumulative return in cash sums $81,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,516/mo property income covering a $1,008/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 16601, Altoona, PA area.
| 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 |
Residential
14,375
Single Family
13,114
Multi-Family
1,261
Businesses
837
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Listed for sale | $205,900 |
| 2024-11-15 | Sold | $55,000 |
| 2024-10-25 | Pending sale | $67,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-19 | $1669.84 | 7.92% | $98,800 | N/A |
| 2023-08-19 | $1547.30 | 1.49% | $98,800 | N/A |
| 2022-08-19 | $1524.61 | N/A | $98,800 | N/A |
Listed by: Crystal Berardi • Coldwell Banker Town & Country R.E.
Mls Name: AHAR
Mls Provider:
Mls ID: #78003
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of the Allegheny Highland Association of Realtors® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Copyright 2025 Allegheny Highland Association of Realtors, Inc.
