Zip Code 16602 — Altoona, PA
🟢GOOD— solid returnsCap Rate
7.2%
Monthly Cash Flow
+$90
Median Home Price
$138,674
DSCR
1.12
🏠 Fair Market Rents
- Studio
- $680/mo
- 1 Bedroom
- $850/mo
- 2 Bedroom
- $1,010/mo
- 3 Bedroom
- $1,250/mo
- 4 Bedroom
- $1,430/mo
📊 Investment Metrics
- Cap Rate
- 7.2%
- Cash-on-Cash Return
- 3.4%
- Price-to-Rent Ratio
- 9.2
- 1% Rule
- 0.90%
- Gross Rent Multiplier
- 9.2
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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