24 State StAustinPA16720
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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 Austin at 24 State St, Austin, PA, 16720 with 5% annual appreciation on a $129,000 basis while $1,122/mo rent supports operations. Total monthly income totals $1,122/mo and a $631/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,325/yr on $42,764 deployed, and return on cash invested reaches 27.68% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 10.44%. Five-year ROI measures 145.13% and total cumulative return in cash totals $62,065.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,122/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16720, Austin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,892 (100%) |
| Owner Occupied HU | 411 (21.7%) |
| Renter Occupied HU | 81 ( 4.3%) |
| Vacant Housing Units | 1,400 (74.0%) |
| Median Home Value | $159,766 |
| Average Home Value | $246,046 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
33
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