1612 Elizabeth RdState CollegePA16801
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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 1612 Elizabeth Rd, State College, PA, 16801 listed at $399,900 pairs $2,700/mo rent with a $1,957/mo payment to leave $80/mo cash flow. Total monthly income runs $2,700/mo, and annual cash flow reaches $958/yr on $132,567 cash to close. Return on cash invested measures 20.63% in year one, and rental yield registers 8.1% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 107.19% and total cumulative return in cash totals $142,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.30 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
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Listed by: Brian Kissinger • Kissinger & Associates LLC
Mls Name: Bright MLS
Mls ID: #PACE2517262