308 Madison StState 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
Investment property for sale in State College at 308 Madison St, State College, PA, 16801 uses $165,717 cash to close to unlock $8,568/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $3,990/mo, and a $2,447/mo payment keeps the spread at $714/mo. Purchase price stands at $499,900, and rental yield measures 9.58% with $3,990/mo rent. Return on cash invested shows 25.08% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 131.04% and total cumulative return in cash records $217,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,990/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.26 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
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Listed by: Peter Chiarkas • Kissinger, Bigatel & Brower
Mls Name: Bright MLS
Mls ID: #PACE2517042