237 E Bishop 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 237 E Bishop St, Bellefonte, PA, 16823 with 5% annual appreciation on a $159,900 basis while $1,205/mo rent supports operations. Total monthly income totals $1,205/mo and a $783/mo payment preserves $157/mo for cash returns. Annual cash flow comes to $1,882/yr on $53,007 deployed, and return on cash invested reaches 23.46% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.04%. Five-year ROI measures 122.37% and total cumulative return in cash totals $64,866.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,205/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
2,178 sqft 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: Brian Rutter • Keller Williams Advantage Realty
Mls Name: Bright MLS
Mls ID: #PACE2516472