309 S Centre StPhilipsburgPA16866
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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
Rental property for sale in Philipsburg at 309 S Centre St, Philipsburg, PA, 16866 offers $840/mo rent that, after a $1,613/mo payment. Total monthly income is $840/mo. Return on cash invested measures 5.41% in year one, and rental yield stands at 3.06% at a $329,500 entry. Equity gained on principal adds $2,126/yr while 5% annual appreciation compounds into $91,035 by year five. Five-year ROI records 25.6% and total cumulative return in cash reaches $27,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $840/mo property income versus a $1,613/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16866, Philipsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,024 (100%) |
| Owner Occupied HU | 2,468 (61.3%) |
| Renter Occupied HU | 1,088 (27.0%) |
| Vacant Housing Units | 468 (11.6%) |
| Median Home Value | $162,539 |
| Average Home Value | $213,907 |
Housing Distribution
Address Breakdown
Residential
3,729
Single Family
3,425
Multi-Family
304
Businesses
414
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Listed by: Doug Brown • Kissinger, Bigatel & Brower
Mls Name: Bright MLS
Mls ID: #PACE2516682