255 E Beaver Ave APT 908State 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
Total monthly income runs $1,398/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 6.71% with $1,398/mo rent. Return on cash invested shows 16.43% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 84.67% and total cumulative return in cash records $70,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1973
436 sqft 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: Kristen Holzwarth • Associated Realty Condo Sales LLC
Mls Name: Bright MLS
Mls ID: #PACE2517046