939 29th StAltoonaPA16601
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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
Investment property for sale in Altoona at 939 29th St, Altoona, PA, 16601 uses $37,128 cash to close to unlock $1,407/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $851/mo, and a $548/mo payment keeps the spread at $117/mo. Purchase price stands at $112,000, and rental yield measures 9.12% with $851/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 123.8% and total cumulative return in cash records $45,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $851/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1924
2,178 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: Dylan Miller • Keller Williams Exclusive Altoona
Mls Name: AHAR
Mls ID: #79092