178 Apple View DrState CollegePA16801
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 State College at 178 Apple View Dr, State College, PA, 16801 offers $3,914/mo rent that, after a $3,343/mo payment. Total monthly income is $3,914/mo. Return on cash invested measures 17.06% in year one, and rental yield stands at 6.88% at a $683,000 entry. Equity gained on principal adds $4,407/yr while 5% annual appreciation compounds into $188,700 by year five. Five-year ROI records 88.03% and total cumulative return in cash reaches $197,802. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,914/mo property income versus a $3,343/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.32 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: Eric Hurvitz • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2516514