644 Blue Spring LnBoalsburgPA16827
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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 644 Blue Spring Ln, Boalsburg, PA, 16827 priced at $569,900 converts $2,932/mo rent into after a $2,789/mo obligation. Total monthly income equals $2,932/mo. Return on cash invested prints 14.93% in year one, and rental yield reads 6.17% against a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation compiles into $157,453 by year five. Five-year ROI reaches 76.57% and total cumulative return in cash sums $143,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,932/mo property income covering a $2,789/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.46 Acres 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: Brian Rutter • Keller Williams Advantage Realty
Mls Name: Bright MLS
Mls ID: #PACE2514482