1131 W Aaron DrState CollegePA16803
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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 State College at 1131 W Aaron Dr, State College, PA, 16803 offers a 8.35% rental yield on a $235,000 purchase with $1,635/mo rent. Total monthly income registers $1,635/mo, and a $1,150/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,143/yr on $77,903 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 111.22% and total cumulative return in cash at $86,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,635/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1969
0.04 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16803, State College, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,938 (100%) |
| Owner Occupied HU | 4,729 (36.6%) |
| Renter Occupied HU | 7,026 (54.3%) |
| Vacant Housing Units | 1,183 ( 9.1%) |
| Median Home Value | $441,023 |
| Average Home Value | $470,696 |
Housing Distribution
Address Breakdown
Residential
10,878
Single Family
7,808
Multi-Family
3,070
Businesses
524
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Listed by: Jie Peng • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2517110