617 Clairmont DrAltoonaPA16601
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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 Altoona at 617 Clairmont Dr, Altoona, PA, 16601 with 5% annual appreciation on a $105,000 basis while $815/mo rent supports operations. Total monthly income totals $815/mo and a $514/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,522/yr on $34,808 deployed, and return on cash invested reaches 24.28% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.31%. Five-year ROI measures 126.81% and total cumulative return in cash totals $44,138.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $815/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
N/A 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: N/A • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A