360 Ibis DrHollidaysburgPA16648
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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 Hollidaysburg at 360 Ibis Dr, Hollidaysburg, PA, 16648 priced at $504,700 converts $1,200/mo rent into after a $2,470/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 4.83% in year one, and rental yield reads 2.85% against a $504,700 entry. Equity gained on principal adds $3,257/yr, while 5% annual appreciation compiles into $139,439 by year five. Five-year ROI reaches 22.47% and total cumulative return in cash sums $37,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $2,470/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16648, Hollidaysburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,243 (100%) |
| Owner Occupied HU | 4,882 (67.4%) |
| Renter Occupied HU | 1,801 (24.9%) |
| Vacant Housing Units | 560 ( 7.7%) |
| Median Home Value | $261,009 |
| Average Home Value | $316,182 |
Housing Distribution
Address Breakdown
Residential
6,877
Single Family
6,331
Multi-Family
546
Businesses
553
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