800 East StAltoonaPA16602
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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 800 East St, Altoona, PA, 16602 priced at $148,000 pairs $2,521/mo rent with $1,552/mo cash flow after a $724/mo payment. Total monthly income equals $2,521/mo, and annual cash flow comes to $18,619/yr on $49,062 invested. Return on cash invested is 57.86% in year one, and rental yield stands at 20.44% on a $148,000 basis. Equity gained on principal adds $955/yr, and 5% annual appreciation accumulates to $40,890 by year five. Five-year ROI measures 306.86% and total cumulative return in cash reaches $150,554. For financing, Ziffy Mortgage’s DSCR program evaluates $2,521/mo property income against a $724/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16602, Altoona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,156 (100%) |
| Owner Occupied HU | 8,015 (60.9%) |
| Renter Occupied HU | 3,857 (29.3%) |
| Vacant Housing Units | 1,284 ( 9.8%) |
| Median Home Value | $155,913 |
| Average Home Value | $180,066 |
Housing Distribution
Address Breakdown
Residential
12,959
Single Family
11,830
Multi-Family
1,129
Businesses
1,253
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Listed by: Dolores Capriotti • Re/max Results Realty Group
Mls Name: AHAR
Mls Provider:
Mls ID: #75472
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of the Allegheny Highland Association of Realtors® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Copyright 2024 Allegheny Highland Association of Realtors, Inc.