629 N 9th 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 629 N 9th Ave, Altoona, PA, 16601 generates $1,528/mo in rent and, after a $521/mo payment, leaves $831/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $9,967/yr on $35,272 invested. Return on cash invested sits at 48.17% in year one, and rental yield is 17.23% on a $106,400 entry. Equity gained on principal adds $687/yr, while 5% annual appreciation builds toward $29,396 over five years. Five-year ROI reaches 254.88% and total cumulative return in cash sums $89,901. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,098 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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