408 West DrBoalsburgPA16827
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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 Boalsburg at 408 West Dr, Boalsburg, PA, 16827 offers $1,816/mo rent that, after a $1,884/mo payment. Total monthly income is $1,816/mo. Return on cash invested measures 13.27% in year one, and rental yield stands at 5.66% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 67.71% and total cumulative return in cash reaches $86,410. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,816/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16827, Boalsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,405 (100%) |
| Owner Occupied HU | 1,724 (71.7%) |
| Renter Occupied HU | 453 (18.8%) |
| Vacant Housing Units | 228 ( 9.5%) |
| Median Home Value | $477,240 |
| Average Home Value | $540,010 |
Housing Distribution
Address Breakdown
Residential
2,201
Single Family
2,201
Multi-Family
0
Businesses
150
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Listed by: Charles Dawson • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2515832