500 E Hamilton AveState 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 500 E Hamilton Ave, State College, PA, 16801 generates $7,016/mo in rent, after a $8,565/mo payment. Total monthly income is $7,016/mo. Return on cash invested sits at 10.95% in year one, and rental yield is 4.81% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 55.18% and total cumulative return in cash sums $312,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,016/mo property income rather than buyer’s personal income.
Single Family
Built in 1934
2.08 Acres 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: Mariska Eash • Stultz Real Estate
Mls Name: AHAR
Mls ID: #79241