420 E Bell AveAltoonaPA16602
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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 420 E Bell Ave, Altoona, PA, 16602 priced at $138,900 pairs $1,083/mo rent with $173/mo cash flow after a $680/mo payment. Total monthly income equals $1,083/mo, and annual cash flow comes to $2,072/yr on $46,045 invested. Return on cash invested is 24.41% in year one, and rental yield stands at 9.36% on a $138,900 basis. Equity gained on principal adds $896/yr, and 5% annual appreciation accumulates to $38,376 by year five. Five-year ROI measures 127.49% and total cumulative return in cash reaches $58,705. For financing, Ziffy Mortgage’s DSCR program evaluates $1,083/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16602, Altoona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,156 (100%) |
| Owner Occupied HU | 8,015 (60.9%) |
| Renter Occupied HU | 3,857 (29.3%) |
| Vacant Housing Units | 1,284 ( 9.8%) |
| Median Home Value | $155,913 |
| Average Home Value | $180,066 |
Housing Distribution
Address Breakdown
Residential
12,959
Single Family
11,830
Multi-Family
1,129
Businesses
1,253
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Listed by: Kerry Gority • John Hill Real Estate
Mls Name: Bright MLS
Mls ID: #PABR2015652