604 Grand Prix Dr · East Altoona, PA 16601

$43,900

3 bd · 2.0 ba · 1,056 sqft · Manufactured · 109 Days on market

Built 1996 675 sqft lot $42/sqft · 67% below area ↓ 8% since listing

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Why this score? — see what drove the B- 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).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.1/10.0
• 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

Welcome home to this beautifully updated 3-bedroom, 2-bath double-wide located in the desirable Greenwood area of Altoona! Offering comfort, space, and convenience, this well-maintained home is close to shopping, dining, medical facilities, and everyday amenities. Step inside to a spacious, updated eat-in kitchen featuring abundant cabinet space and open to the family room, providing flexible space for relaxing or entertaining. The primary bedroom includes a private bath and a walk-in closet. Two additional bedrooms and a second full bath offer plenty of room for family, guests, or a home office. Located in Camelot Woods, the lot rent is $455 per month and includes water, sewer, and trash removal. Don’t miss this move-in ready home in a fantastic location—schedule your showing today! Please inquire with listing agent for buyer financing info/referrals.

Key facts

• Move-in ready
• Flexible space
• Private bath

Tags

• UPDATED EAT-IN KITCHEN
• ABUNDANT CABINET SPACE
• PRIVATE BATH
• WALK-IN CLOSET
• FLEXIBLE SPACE
• MOVE-IN READY

🏷️ Possibly a rental listed for sale. The $43,900 price doesn't fit this home's estimated sale value (~$132,961) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $44k.

Deal economics

• At list price, monthly cash flow is $683 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $44k).
• Recommended offer: $40k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — 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.
• Market conditions: 186 active listings in the ZIP; 2 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 $304 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($40k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 8y 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.
• Current owner paid $18k; list at $44k implies a 144% gain — meaningful room to come down on a strong offer.

Recommended offer $39,949 (9.0% below list)

Questions for the listing agent

1. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 2.74% ✓
• Cap rate: 24.97%
• Cash-on-cash: 66.69%
• DSCR: 3.97
• GRM: 3.0

CMA / ARV

• ARV (median comp): $132,961
• List price: $43,900
• Delta: -66.98%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
227 Bud Cir	0.52mi	3/2.0	960 (-9%)	13mo	$38,000	$40	50

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: 66.0%
• Equity multiple: 3.96×
• Total profit: $36,388
• Equity at exit: $6,546

10-year hold

• IRR: 70.2%
• Equity multiple: 8.13×
• Total profit: $87,688
• Equity at exit: $3,796

Cash invested: $12,292 (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: 3.0×

Monthly cashflow live

• Estimated rent: $1,202 medium
• Mortgage (P&I): −$230
• Tax from tax record: −$18 /mo · $215/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $683

Break-even live

Break-even rent $337

Max offer price $43,900

Occupancy floor 38%

Sensitivity live

Price	-10% $708	-5% $696	+0% $683	+5% $671	+10% $658
Rent	-10% $588	-5% $636	+0% $683	+5% $731	+10% $778
Rate	-1.0pp $705	-0.5pp $694	base $683	+0.5pp $672	+1.0pp $660

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: $10,975
• Closing costs: $1,317
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
124 Clairmont Dr Altoona, PA	3.0	2.0	1216	$1,200	$0.99	45d	1	0.16mi
1101 E Walton Ave Altoona, PA	2.0–3.0	1.0–1.5	975	$1,605	$1.65	45d	9	1.16mi

Listing history 20 events

1. 2026-06-03
   status $43,900 Pending 109 DOM
2. 2026-06-02
   days on market $43,900 Active 109 DOM
3. 2026-06-01
   days on market $43,900 Active 108 DOM
4. 2026-05-31
   days on market $43,900 Active 107 DOM
5. 2026-05-30
   days on market $43,900 Active 106 DOM
6. 2026-04-27
   price $43,900 876-char remark

   Show marketing remark (876 chars)

   Welcome home to this beautifully updated 3-bedroom, 2-bath double-wide located in the desirable Greenwood area of Altoona! Offering comfort, space, and convenience, this well-maintained home is close to shopping, dining, medical facilities, and everyday amenities. Step inside to a spacious, updated eat-in kitchen featuring abundant cabinet space and open to the family room, providing flexible space for relaxing or entertaining. The primary bedroom includes a private bath and a walk-in closet. Two additional bedrooms and a second full bath offer plenty of room for family, guests, or a home office. Located in Camelot Woods, the lot rent is $455 per month and includes water, sewer, and trash removal. Don’t miss this move-in ready home in a fantastic location—schedule your showing today! Please inquire with listing agent for buyer financing info/referrals.

7. 2026-02-13
   listed $45,900 Active 876-char remark

   Show marketing remark (876 chars)

   Welcome home to this beautifully updated 3-bedroom, 2-bath double-wide located in the desirable Greenwood area of Altoona! Offering comfort, space, and convenience, this well-maintained home is close to shopping, dining, medical facilities, and everyday amenities. Step inside to a spacious, updated eat-in kitchen featuring abundant cabinet space and open to the family room, providing flexible space for relaxing or entertaining. The primary bedroom includes a private bath and a walk-in closet. Two additional bedrooms and a second full bath offer plenty of room for family, guests, or a home office. Located in Camelot Woods, the lot rent is $455 per month and includes water, sewer, and trash removal. Don’t miss this move-in ready home in a fantastic location—schedule your showing today! Please inquire with listing agent for buyer financing info/referrals.

8. 2024-12-05
   soldstatus $18,000 Closed 372-char remark

   Show marketing remark (372 chars)

   Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

9. 2024-10-07
   price $28,000 372-char remark

   Show marketing remark (372 chars)

   Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

10. 2024-08-25
    price $32,500 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

11. 2024-06-29
    status Active 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

12. 2024-06-16
    historical 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

13. 2024-06-06
    price $45,000 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

14. 2024-05-31
    status Active 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

15. 2024-04-27
    historical 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

16. 2024-02-16
    price $55,000 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

17. 2024-01-09
    price $60,000 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

18. 2023-12-16
    listed $62,500 Active 372-char remark

    Show marketing remark (372 chars)

    Why wait any longer? This three bedroom, 2 bath double-wide located in Camelot Woods is just waiting for you to move your stuff in and call her home. There is plenty of storage with 2 exterior shed and lots of privacy on this cul de sac spot. Primary bedroom has full bath and walk-in closet Seller is very motivated take a look today!. Lot rent includes trash and sewer.

19. 2018-08-15
    soldstatus $43,000
20. 2018-06-08
    listed $47,900

ⓘ 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: $215 · $18/mo
• Projected year-2 tax: $454 · $38/mo
• Expected delta: +$239/yr (+$20/mo · 111.5%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 17 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: $14,423
• − Mortgage interest: −$2,459
• − Property taxes: −$215
• − Insurance: −$220
• − Repairs & maintenance: −$1,154
• − Management: −$1,154
• − Depreciation: −$1,277
• Taxable income: $7,945
• Est. tax owed @ 24.0%: −$1,907
• After-tax cash flow: $6,290/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 — East Altoona

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

Census & demographics

• Census place: East Altoona, 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

-8.4% since first listed

15 events — show timeline

• 2026-04-27 Price Changed $43,900 BRIGHT MLS
• 2026-02-13 Listed $45,900 BRIGHT MLS
• 2024-12-05 Sold (MLS) $18,000 AHARMLS
• 2024-10-07 Price Changed $28,000 AHARMLS
• 2024-08-25 Price Changed $32,500 AHARMLS
• 2024-06-29 Relisted — AHARMLS
• 2024-06-16 Delisted — AHARMLS
• 2024-06-06 Price Changed $45,000 AHARMLS
• 2024-05-31 Relisted — AHARMLS
• 2024-04-27 Delisted — AHARMLS
• 2024-02-16 Price Changed $55,000 AHARMLS
• 2024-01-09 Price Changed $60,000 AHARMLS
• 2023-12-16 Listed $62,500 AHARMLS
• 2018-08-15 Sold (MLS) $43,000 AHARMLS
• 2018-06-08 Listed $47,900 AHARMLS

Property tax history

-7.9%/yr

Latest (2025): $215 · +5.0% YoY. Source: county tax records.