34 Altamont St NWashingtonPA15301
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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 Washington at 34 Altamont St N, Washington, PA, 15301 offers a 9.18% rental yield on a $159,000 purchase with $1,216/mo rent. Total monthly income registers $1,216/mo, and a $778/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,092/yr on $52,709 to close, and return on cash invested stands at 23.88% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 124.67% and total cumulative return in cash at $65,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,216/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15301, Washington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,365 (100%) |
| Owner Occupied HU | 14,503 (62.1%) |
| Renter Occupied HU | 6,566 (28.1%) |
| Vacant Housing Units | 2,296 ( 9.8%) |
| Median Home Value | $262,839 |
| Average Home Value | $315,220 |
Housing Distribution
Address Breakdown
Residential
22,187
Single Family
20,057
Multi-Family
2,130
Businesses
1,996
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Listed by: Holly Donahue • CENTURY 21 FRONTIER REALTY
Mls Name: WPMLS
Mls ID: #1720093