1109 60th St · Logan, PA 16601

$147,000

3 bd · 1.0 ba · 1,645 sqft · SingleFamily · 65 Days on market

Built 1928 8,712 sqft lot $89/sqft · 27% below area Est $200k · 27% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +12.0/30.0
• DSCR +3.5/10.0
• Schools +3.1/10.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Logan Township cutie! This 3 bed, 1 bath home sits outside city limits in the Elderado area of Altoona. There is a spacious family room with wood burning stove and a separate dining room off the kitchen and living room. The closed in front porch or sunroom is a great place to open all the windows and sit and listen to the sounds of peace and quiet with the nicer weather on its way. The over sized garage offers plenty of storage around a vehicle. This property is in a great location for anyone looking to make this house their home. Call the listing agent today for more information!

Key facts

• 8,712 sq ft lot
• Garage
• Built 1928

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $147k.

Deal economics

• At list price, monthly cash flow is $-36 ($-430/yr) — negative.
• To cash-flow at today's rent, offer at most $141k (4.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $117k (20.5% below list).
• Recommended offer: $117k (20.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Altoona Area SD (urban): math 30% / reading 44% proficiency, ranked #406 of 539 in PA (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Altoona Area Jr Hs (math 21% / reading 45%, grade F, #346 of 512 statewide, top 69%, 1,727 students, 71% FRL) — zoned schools average 71% FRL vs 54% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 186 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 99 units permitted in Blair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Blair County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $116,885 (20.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.80% ✗
• Cap rate: 6.00%
• Cash-on-cash: -1.05%
• DSCR: 0.95
• GRM: 10.5

CMA / ARV

• ARV (median comp): $200,321
• List price: $147,000
• Delta: -26.62%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
878 Sugar Run Rd	0.58mi	3/2.0	1,609 (-2%)	7mo	$280,000	$174	60
5425 Broad Ave	0.37mi	2/1.0 (-1)	1,513 (-8%)	6mo	$88,500	$58	60
131 Valley Ave	0.64mi	2/1.0 (-1)	1,516 (-8%)	5mo	$185,000	$122	48
5413 Grandview Ave	0.52mi	4/2.0 (+1)	1,832 (+11%)	0mo	$245,000	$134	48
929 Sugar Run Rd	0.64mi	3/2.0	1,606 (-2%)	18mo	$274,900	$171	47
4901 Walnut Ave	0.71mi	4/2.0 (+1)	1,624 (-1%)	15mo	$215,000	$132	43
5013 Oak Ave	0.63mi	4/2.5 (+1)	1,680 (+2%)	17mo	$320,000	$190	42
5016 Beale Ave	0.68mi	3/1.5	1,847 (+12%)	7mo	$225,000	$122	40
63 Horseshoe Dr	0.61mi	2/1.5 (-1)	1,567 (-5%)	22mo	$217,000	$138	38
1383 58th St	0.50mi	2/1.0 (-1)	1,439 (-12%)	23mo	$80,000	$56	31
146 Valley Ave	0.67mi	4/2.0 (+1)	1,878 (+14%)	6mo	$239,000	$127	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.0%
• Equity multiple: 0.37×
• Total profit: $-26,121
• Equity at exit: $21,918

10-year hold

• IRR: -10.3%
• Equity multiple: 0.37×
• Total profit: $-25,755
• Equity at exit: $12,710

Cash invested: $41,160 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 16601

• Home prices YoY: -24.9%
• Active inventory: 186
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,169 medium
• Mortgage (P&I): −$771
• Tax from tax record: −$127 /mo · $1,525/yr
• Insurance: −$61
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $-36

Break-even live

Break-even rent $1,214

Max offer price $140,667

Occupancy floor 98%

Sensitivity live

Price	-10% $47	-5% $6	+0% $-36	+5% $-77	+10% $-119
Rent	-10% $-128	-5% $-82	+0% $-36	+5% $10	+10% $56
Rate	-1.0pp $38	-0.5pp $2	base $-36	+0.5pp $-74	+1.0pp $-113

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,750
• Closing costs: $4,410
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3925 Burgoon Rd Altoona, PA	3.0	1.0	1500	$895	$0.60	45d	1	1.41mi

Listing history 26 events

1. 2026-06-21
   days on market $147,000 Active 65 DOM
2. 2026-06-19
   days on market $147,000 Active 63 DOM
3. 2026-06-18
   days on market $147,000 Active 62 DOM
4. 2026-06-17
   days on market $147,000 Active 61 DOM
5. 2026-06-16
   days on market $147,000 Active 60 DOM
6. 2026-06-15
   days on market $147,000 Active 59 DOM
7. 2026-06-14
   days on market $147,000 Active 57 DOM
8. 2026-06-13
   days on market $147,000 Active 56 DOM
9. 2026-06-10
   days on market $147,000 Active 54 DOM
10. 2026-06-09
    days on market $147,000 Active 53 DOM
11. 2026-06-08
    days on market $147,000 Active 52 DOM
12. 2026-06-07
    days on market $147,000 Active 51 DOM
13. 2026-06-05
    days on market $147,000 Active 48 DOM
14. 2026-06-03
    days on market $147,000 Active 47 DOM
15. 2026-06-02
    days on market $147,000 Active 46 DOM
16. 2026-06-01
    days on market $147,000 Active 45 DOM
17. 2026-05-31
    days on market $147,000 Active 44 DOM
18. 2026-05-30
    days on market $147,000 Active 43 DOM
19. 2026-05-12
    price $147,000 587-char remark

    Show marketing remark (587 chars)

    Logan Township cutie! This 3 bed, 1 bath home sits outside city limits in the Elderado area of Altoona. There is a spacious family room with wood burning stove and a separate dining room off the kitchen and living room. The closed in front porch or sunroom is a great place to open all the windows and sit and listen to the sounds of peace and quiet with the nicer weather on its way. The over sized garage offers plenty of storage around a vehicle. This property is in a great location for anyone looking to make this house their home. Call the listing agent today for more information!

20. 2026-04-17
    listed $152,000 Active 587-char remark

    Show marketing remark (587 chars)

    Logan Township cutie! This 3 bed, 1 bath home sits outside city limits in the Elderado area of Altoona. There is a spacious family room with wood burning stove and a separate dining room off the kitchen and living room. The closed in front porch or sunroom is a great place to open all the windows and sit and listen to the sounds of peace and quiet with the nicer weather on its way. The over sized garage offers plenty of storage around a vehicle. This property is in a great location for anyone looking to make this house their home. Call the listing agent today for more information!

21. 2022-07-12
    soldstatus $134,000
22. 2022-06-17
    soldstatus $134,000 620-char remark

    Show marketing remark (620 chars)

    BACK ON THE MARKET AS BUYER HAD TO TERMINATE FOR PERSONAL REASONS NOT RELATED TO THE HOME. Fall in love with the sweetest 3 bedroom home in Eldorado. This home offers a spacious family room with a wood burning stove and great natural light. The quaint kitchen includes all present appliances and overlooks a spacious dining room. Off the living room, you will find the heated sunporch. This area is one to fall in love with as you sit and read your favorite book or enjoy your morning coffee. The oversized garage offers plenty of storage too! Call the listing agent today for your private tour or for more information!

23. 2022-02-05
    listed $134,900 620-char remark

    Show marketing remark (620 chars)

    BACK ON THE MARKET AS BUYER HAD TO TERMINATE FOR PERSONAL REASONS NOT RELATED TO THE HOME. Fall in love with the sweetest 3 bedroom home in Eldorado. This home offers a spacious family room with a wood burning stove and great natural light. The quaint kitchen includes all present appliances and overlooks a spacious dining room. Off the living room, you will find the heated sunporch. This area is one to fall in love with as you sit and read your favorite book or enjoy your morning coffee. The oversized garage offers plenty of storage too! Call the listing agent today for your private tour or for more information!

24. 2015-09-16
    soldstatus $80,000
25. 2015-09-16
    soldstatus $80,000
26. 2014-06-26
    listed $83,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $1,525 · $127/mo
• Projected year-2 tax: $1,924 · $160/mo
• Expected delta: +$399/yr (+$33/mo · 26.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,026
• − Mortgage interest: −$8,234
• − Property taxes: −$1,525
• − Insurance: −$735
• − Repairs & maintenance: −$1,122
• − Management: −$1,122
• − Depreciation: −$4,276
• Taxable loss: −$2,989
• Est. tax savings @ 24.0%: +$717
• After-tax cash flow: $287/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Altoona Area SD
• NCES district ID: 4202340
• Math proficiency: 30% ▼ -15.00%
• Reading proficiency: 44% ▼ -15.00%
• Median HH income: $38,465
• Composite: 30.85/100
• National rank: #6130
• State rank: #406 of 539 in PA

Livability — Logan

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Eldorado, PA
• County: Blair County · 59,867 people
• Metro: Altoona, PA
• Population (ZIP): 33,515
• Household income: $58,070
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 715.0

Population outlook (Blair County) Hauer SSP2

• Today (2025): 121,571 people
• By 2030: 117,966 · -3.0%
• By 2040: 109,174 · -10.2%
• By 2050: 99,542 · -18.1%
• By 2075: 76,775 · -36.8%
• By 2100: 54,326 · -55.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Black 3% Hispanic / Latino 1%
• Common ancestry: Romanian 5% Slovak 2% Lithuanian 2%
• Foreign-born: 1% · Vietnam
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Blair

• 2024 margin: Solid R (+43.5) · D 27.9% · R 71.4%
• 2008→2024 swing: -19.2pp toward R · 2008: -24.3pp · 2024: -43.5pp
• All cycles: 2024: R+43.5 2020: R+43.5 2016: R+46.4 2012: R+33.5 2008: R+24.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.97%
• Current HPI: 183.9907
• Rent YoY: —
• Metro: Altoona, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+76.0% since first listed

8 events — show timeline

• 2026-05-12 Price Changed $147,000 AHARMLS
• 2026-04-17 Listed $152,000 AHARMLS
• 2022-07-12 Sold (Public Records) $134,000 Public Records
• 2022-06-17 Sold (MLS) $134,000 AHARMLS
• 2022-02-05 Listed $134,900 AHARMLS
• 2015-09-16 Sold (Public Records) $80,000 Public Records
• 2015-09-16 Sold (MLS) $80,000 AHARMLS
• 2014-06-26 Listed $83,500 AHARMLS

Property tax history

+9.5%/yr

Latest (2025): $1,525 · +5.0% YoY. Source: county tax records.