316 S Spring StBellefontePA16823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 316 S Spring St, Bellefonte, PA, 16823 at $379,900 posts ROI 24.78% with $511/mo cash flow from $3,000/mo rent. Total monthly income equals $3,000/mo, and annual cash flow records $6,132/yr on $125,937 to close. Return on cash invested measures 24.78% and rental yield reads 9.48% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 129.42% and total cumulative return in cash totals $162,989.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
1,307 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: Ro Fisher • Linn Realty
Mls Name: Bright MLS
Mls ID: #PACE2517068