117 E Ridge StCentre HallPA16828
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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 Centre Hall at 117 E Ridge St, Centre Hall, PA, 16828 earns from $2,023/mo rent with a $1,517/mo payment. Total monthly income totals $2,023/mo. ROI tracks 19.82% on current figures, and rental yield reads 7.83% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 102.86% and total cumulative return in cash sums $105,672. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,023/mo property income instead of your personal income.
Single Family
Built in 1956
0.41 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
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Listed by: Brian Rutter • Keller Williams Advantage Realty
Mls Name: Bright MLS
Mls ID: #PACE2516410