623 Sherman StPortagePA15946
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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 Portage at 623 Sherman St, Portage, PA, 15946 priced at $199,900 pairs $0/mo rent with after a $978/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.8% in year one, and rental yield stands at 0% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15946, Portage, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,214 (73.2%) |
| Renter Occupied HU | 500 (16.5%) |
| Vacant Housing Units | 311 (10.3%) |
| Median Home Value | $152,524 |
| Average Home Value | $176,764 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,877
Multi-Family
46
Businesses
142
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No similar rental properties found nearby.
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Listed by: Hunter Ott • Howard Hanna Bardell Realty Altoona
Mls Name: AHAR
Mls ID: #79325