Redman Homes 131CD Camelot Woods Plan, Camelot WoodsAltoonaPA16601
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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 Redman Homes 131CD Camelot Woods Plan, Camelot Woods, Altoona, PA, 16601 uses $41,603 cash to close to unlock $3,815/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $614/mo payment keeps the spread at $318/mo. Purchase price stands at $125,500, and rental yield measures 10.9% with $1,140/mo rent. Return on cash invested shows 29.08% in year one, and 5% annual appreciation builds toward $34,673 over five years. Five-year ROI reaches 152.48% and total cumulative return in cash records $63,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $614/mo payment rather than investor’s personal income.
Manufactured
Built in 2026
N/A 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: N/A • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A