White Oak Plan, Nittany GlenState 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
Rental property for sale in State College at White Oak Plan, Nittany Glen, State College, PA, 16803 priced at $367,990 converts $4,934/mo rent into $2,523/mo cash flow after a $1,801/mo obligation. Total monthly income equals $4,934/mo, and annual cash flow totals $30,273/yr on $121,989 invested. Return on cash invested prints 44.73% in year one, and rental yield reads 16.09% against a $367,990 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,669 by year five. Five-year ROI reaches 236.39% and total cumulative return in cash sums $288,370. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,934/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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: Kelly & Megan • Berks Homes
Mls Name: Berks Homes
Mls Provider:
Mls ID: #N/A