511 Lykens 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 511 Lykens Dr, Hollidaysburg, PA, 16648 priced at $264,900 pairs $3,058/mo rent with $1,077/mo cash flow after a $1,297/mo payment. Total monthly income equals $3,058/mo, and annual cash flow comes to $12,920/yr on $87,814 invested. Return on cash invested is 34.62% in year one, and rental yield stands at 13.85% on a $264,900 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,187 by year five. Five-year ROI measures 183.44% and total cumulative return in cash reaches $161,084. For financing, Ziffy Mortgage’s DSCR program evaluates $3,058/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$245 monthly 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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Listed by: Jordan Conrad Team • Perry Wellington Realty, LLC
Mls Name: AHAR
Mls Provider:
Mls ID: #74014
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of the Allegheny Highland Association of Realtors® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but is not guaranteed. Copyright 2024 Allegheny Highland Association of Realtors, Inc.