518 E Logan StBellefontePA16823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Bellefonte at 518 E Logan St, Bellefonte, PA, 16823 at $199,900 posts ROI 42.48% with $1,247/mo cash flow from $2,556/mo rent. Total monthly income equals $2,556/mo, and annual cash flow records $14,958/yr on $66,267 to close. Return on cash invested measures 42.48% and rental yield reads 15.34% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 224.38% and total cumulative return in cash totals $148,693.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,556/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16823, Bellefonte, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,426 (100%) |
| Owner Occupied HU | 7,790 (68.2%) |
| Renter Occupied HU | 2,963 (25.9%) |
| Vacant Housing Units | 673 ( 5.9%) |
| Median Home Value | $319,300 |
| Average Home Value | $356,785 |
Housing Distribution
Address Breakdown
Residential
10,996
Single Family
10,318
Multi-Family
678
Businesses
740
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Listed by: Eric Hurvitz • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2516328