410 Beech AveAltoonaPA16601
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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 410 Beech Ave, Altoona, PA, 16601 priced at $143,000 converts $1,500/mo rent into $563/mo cash flow after a $700/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $6,754/yr on $47,405 invested. Return on cash invested prints 34.16% in year one, and rental yield reads 12.59% against a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation compiles into $39,508 by year five. Five-year ROI reaches 179.71% and total cumulative return in cash sums $85,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $700/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,049 sqft 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
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Listed by: Kim Wilt • BHGRE GSA Realty Altoona
Mls Name: AHAR
Mls Provider:
Mls ID: #75489
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