202 Cove StBellefontePA16823
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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 Bellefonte at 202 Cove St, Bellefonte, PA, 16823 listed at $389,000 pairs $1,664/mo rent with a $1,904/mo payment. Total monthly income runs $1,664/mo. Return on cash invested measures 11.67% in year one, and rental yield registers 5.13% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 59.14% and total cumulative return in cash totals $76,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,664/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16823, Bellefonte, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,426 (100%) |
| Owner Occupied HU | 7,790 (68.2%) |
| Renter Occupied HU | 2,963 (25.9%) |
| Vacant Housing Units | 673 ( 5.9%) |
| Median Home Value | $319,300 |
| Average Home Value | $356,785 |
Housing Distribution
Address Breakdown
Residential
10,996
Single Family
10,318
Multi-Family
678
Businesses
740
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Listed by: Skyler Woodward • Realty One Group Landmark
Mls Name: Bright MLS
Mls ID: #PACE2516830