658A Oakwood AveState CollegePA16803
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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
Total monthly income runs $1,920/mo, and a $1,664/mo payment. Purchase price stands at $339,900, and rental yield measures 6.78% with $1,920/mo rent. Return on cash invested shows 16.63% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 85.77% and total cumulative return in cash records $96,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16803, State College, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,938 (100%) |
| Owner Occupied HU | 4,729 (36.6%) |
| Renter Occupied HU | 7,026 (54.3%) |
| Vacant Housing Units | 1,183 ( 9.1%) |
| Median Home Value | $441,023 |
| Average Home Value | $470,696 |
Housing Distribution
Address Breakdown
Residential
10,878
Single Family
7,808
Multi-Family
3,070
Businesses
524
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Listed by: Erica Scott • Kissinger, Bigatel & Brower
Mls Name: Bright MLS
Mls ID: #PACE2516254