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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Altoona at 713 N 8th Ave, Altoona, PA, 16601 offers a 9.13% rental yield on a $199,000 purchase with $1,514/mo rent. Total monthly income registers $1,514/mo, and a $974/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,520/yr on $65,969 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 123.8% and total cumulative return in cash at $81,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 16601, Altoona, PA area.
| 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 |
Residential
14,375
Single Family
13,114
Multi-Family
1,261
Businesses
837
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marcy Clapper • Howard Hanna Bardell Realty Altoona
Mls Name: AHAR
Mls ID: #79135
