650 Clairmont Dr · East Altoona, PA 16601

$52,900

3 bd · 2.0 ba · 1,456 sqft · SingleFamily · 9 Days on market

Built 2000 Fair condition $406/mo HOA · 34% of rent ↓ 12% since listing

---

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 +28.4/30.0
• 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 +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

CAMELOT WOODS. Spacious 2000 double wide home offers 3 bedrooms 2 full baths. Well maintained, fairly new paint, new stove, new roof. Open floor plan with eat-in kitchen. Primary bedroom offers walk in closet and full bath with shower and garden tub! 2 additional bedrooms with plenty of room and full bath.

Key facts

• Built 2000
• Listed 9 days

Property features AI

Finance

• HOA & community: Homeowners association with a $406 monthly fee

Exterior

• Utilities: Public water
• Home design: Manufactured home; One level
• Construction: Vinyl siding; Metal roof
• Exterior features: Deck; Porch

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Flooring: Vinyl; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Has heating; Has cooling
• Interior features: Insulated windows; Skylights
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $53k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $170 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $53k).

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 $366 of loan paydown is wiped out by about $2k 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 $15k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 23y 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 $35k; list at $53k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 34% of rent.

Recommended offer $52,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 2.25% ✓
• Cap rate: 10.16%
• Cash-on-cash: 13.81%
• DSCR: 1.61
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $251,888
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
656 Clairmont Dr	0.04mi	3/2.0	1,400 (-4%)	12mo	$33,000	$24	82
1652 Saint Francis Ln	0.38mi	3/2.0	1,392 (-4%)	3mo	$255,000	$183	73
153 Ore Hill Rd	0.48mi	3/1.0	1,324 (-9%)	2mo	$230,000	$174	57
1500 N 4th Ave	0.55mi	4/2.0 (+1)	1,320 (-9%)	3mo	$149,900	$114	51
1224 N 5th Ave	0.71mi	3/2.0	1,287 (-12%)	7mo	$110,000	$85	42
1644 Edinboro Dr	0.69mi	3/2.0	1,651 (+13%)	13mo	$285,000	$173	35
1631 Saint Francis Ln	0.53mi	3/3.0	1,248 (-14%)	23mo	$244,900	$196	28

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: 4.4%
• Equity multiple: 1.17×
• Total profit: $2,548
• Equity at exit: $7,888

10-year hold

• IRR: 14.3%
• Equity multiple: 2.17×
• Total profit: $17,281
• Equity at exit: $4,574

Cash invested: $14,812 (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: 3.7×

Monthly cashflow live

• Estimated rent: $1,192 medium
• Mortgage (P&I): −$277
• Tax est. 1.5%: −$66 /mo · $794/yr
• Insurance: −$22
• HOA: −$406
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $170

Break-even live

Break-even rent $977

Max offer price $52,900

Occupancy floor 81%

Sensitivity live

Price	-10% $207	-5% $189	+0% $170	+5% $152	+10% $134
Rent	-10% $76	-5% $123	+0% $170	+5% $217	+10% $265
Rate	-1.0pp $197	-0.5pp $184	base $170	+0.5pp $157	+1.0pp $143

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: $13,225
• Closing costs: $1,587
• 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	44d	1	0.14mi
1101 E Walton Ave Altoona, PA	2.0–3.0	1.0–1.5	975	$1,605	$1.65	44d	9	1.24mi

HOA detail

• Monthly dues: $406 · $4,872/yr

Listing history 10 events

1. 2026-06-19
   status $52,900 Pending 9 DOM
2. 2026-06-18
   days on market $52,900 Active 9 DOM
3. 2026-06-17
   days on market $52,900 Active 8 DOM
4. 2026-06-16
   days on market $52,900 Active 7 DOM
5. 2026-06-15
   days on market $52,900 Active 6 DOM
6. 2026-06-14
   days on market $52,900 Active 4 DOM
7. 2026-06-13
   days on market $52,900 Active 3 DOM
8. 2026-06-10
   listing id $52,900 Active 1 DOM
9. 2026-06-09
   remarks 491-char remark
10. 2026-06-09
    listed $52,900 Active 1 DOM

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

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: $14,309
• − Mortgage interest: −$2,963
• − Property taxes: −$794
• − Insurance: −$264
• − Repairs & maintenance: −$1,145
• − Management: −$1,145
• − HOA: −$4,872
• − Depreciation: −$1,539
• Taxable income: $1,587
• Est. tax owed @ 24.0%: −$381
• After-tax cash flow: $1,664/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.

Condition & rehab AI · 1 photo

Fair 45/100 Moderate rehab

The home requires significant interior and exterior updates, including painting, flooring replacement, and landscaping, to improve its condition and value.

Repairs flagged

• Major Kitchen cabinets — Cluttered and in need of cleaning
• Major Bathroom fixtures — Cluttered and in need of cleaning
• Major Exterior siding — Weathered and in need of repainting
• Major Flooring — Worn and in need of replacement
• Major Interior walls — Dingy and in need of painting
• Major Landscaping — Overgrown and in need of trimming

Value-add opportunities

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace worn flooring — New flooring improves living space and adds value
• Both Trim and landscape exterior — Neat landscaping enhances curb appeal and adds value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Cluttered and in need of cleaning	Major	$15,000–50,000
Bathroom fixtures · Cluttered and in need of cleaning	Major	$15,000–50,000
Exterior siding · Weathered and in need of repainting	Major	$15,000–50,000
Flooring · Worn and in need of replacement	Major	$15,000–50,000
Interior walls · Dingy and in need of painting	Major	$15,000–50,000
Landscaping · Overgrown and in need of trimming	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace worn flooring — New flooring improves living space and adds value ↑
• Both Trim and landscape exterior — Neat landscaping enhances curb appeal and adds value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

-11.7% since first listed

7 events — show timeline

• 2026-06-08 Listed $52,900 AHARMLS
• 2025-04-07 Sold (MLS) $35,000 AHARMLS
• 2025-03-01 Pending — AHARMLS
• 2025-02-18 Listed $39,900 AHARMLS
• 2010-05-26 Sold (MLS) $35,000 AHARMLS
• 2010-02-13 Listed $42,000 AHARMLS
• 2003-04-23 Listed $59,900 AHARMLS