418 Gerald 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
Rental property for sale in State College at 418 Gerald St, State College, PA, 16801 priced at $239,900 converts $2,154/mo rent into $582/mo cash flow after a $1,174/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $6,986/yr on $79,527 invested. Return on cash invested prints 28.69% in year one, and rental yield reads 10.77% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 150.46% and total cumulative return in cash sums $119,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Townhouse
Built in 1981
N/A 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: Christina Monzillo • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2517404