887 Millville RdAltoonaPA16601
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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 887 Millville Rd, Altoona, PA, 16601 priced at $184,887 pairs $1,370/mo rent with $158/mo cash flow after a $905/mo payment. Total monthly income equals $1,370/mo, and annual cash flow comes to $1,901/yr on $61,290 invested. Return on cash invested is 23.01% in year one, and rental yield stands at 8.89% on a $184,887 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,081 by year five. Five-year ROI measures 120% and total cumulative return in cash reaches $73,551. For financing, Ziffy Mortgage’s DSCR program evaluates $1,370/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
3,484 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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Listed by: Kayla Kavelak • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls ID: #1730716