607 3rd AvePattonPA16668
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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 Patton at 607 3rd Ave, Patton, PA, 16668 generates $1,108/mo in rent and, after a $709/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,108/mo, and annual cash flow is $1,904/yr on $48,034 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.18% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash sums $59,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,108/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16668, Patton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,602 (100%) |
| Owner Occupied HU | 1,166 (72.8%) |
| Renter Occupied HU | 288 (18.0%) |
| Vacant Housing Units | 148 ( 9.2%) |
| Median Home Value | $150,450 |
| Average Home Value | $191,100 |
Housing Distribution
Address Breakdown
Residential
1,493
Single Family
1,379
Multi-Family
114
Businesses
104
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Listed by: Hunter Ott • Howard Hanna Bardell Realty Altoona
Mls Name: AHAR
Mls Provider:
Mls ID: #74588
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