106 Penns CtCentre HallPA16828
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Nearby investment properties with comparable prices
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 Centre Hall at 106 Penns Ct, Centre Hall, PA, 16828 offers a 9.65% rental yield on a $309,000 purchase with $2,486/mo rent. Total monthly income registers $2,486/mo, and a $1,512/mo payment leaves $462/mo available for distribution. Annual cash flow reaches $5,539/yr on $102,434 to close, and return on cash invested stands at 25.32% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 132.33% and total cumulative return in cash at $135,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,486/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16828, Centre Hall, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,031 (100%) |
| Owner Occupied HU | 1,523 (75.0%) |
| Renter Occupied HU | 298 (14.7%) |
| Vacant Housing Units | 210 (10.3%) |
| Median Home Value | $377,246 |
| Average Home Value | $435,396 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,344
Multi-Family
110
Businesses
123
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Listed by: Todd Costello • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2516018