109 Summit DrCentre HallPA16828
Nearby investment properties with comparable rents
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
Rental property for sale in Centre Hall at 109 Summit Dr, Centre Hall, PA, 16828 generates $3,968/mo in rent, after a $3,106/mo payment. Total monthly income is $3,968/mo. Return on cash invested sits at 18.97% in year one, and rental yield is 7.5% on a $634,500 entry. Equity gained on principal adds $4,094/yr, while 5% annual appreciation builds toward $175,301 over five years. Five-year ROI reaches 98.23% and total cumulative return in cash sums $205,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,968/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
3.08 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lara Villanueva • Kissinger, Bigatel & Brower
Mls Name: Bright MLS
Mls ID: #PACE2515524