128 Colonial CtState CollegePA16801
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.87% gross rental yield, 128 Colonial Ct, State College, PA, 16801 in State College is priced for capital growth, not immediate cash flow. The $529,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $146,291 by year five, with $4,877/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.20) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $162,438.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(1,537) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,861 |
| Total Monthly Debt Service | $3,259 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1992
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16801, State College, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,021 (100%) |
| Owner Occupied HU | 7,024 (35.1%) |
| Renter Occupied HU | 11,020 (55.0%) |
| Vacant Housing Units | 1,977 ( 9.9%) |
| Median Home Value | $446,307 |
| Average Home Value | $504,160 |
Housing Distribution
Address Breakdown
Residential
17,998
Single Family
11,135
Multi-Family
6,863
Businesses
1,464
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
Condo
Built in 1992
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16801, State College, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,021 (100%) |
| Owner Occupied HU | 7,024 (35.1%) |
| Renter Occupied HU | 11,020 (55.0%) |
| Vacant Housing Units | 1,977 ( 9.9%) |
| Median Home Value | $446,307 |
| Average Home Value | $504,160 |
Housing Distribution
Address Breakdown
Residential
17,998
Single Family
11,135
Multi-Family
6,863
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Yorks • Perry Wellington Realty, LLC
Mls Name: Bright MLS
Mls ID: #PACE2515862