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๐Ÿ“ˆHousing Dossier for State College (16801)

Cap Rate & Rental Yield in State College

Housing market dossier for State College, Pennsylvania: Average condo prices around $361.07/sqft and single-family homes at $286.36/sqft with average yields of 5.2%.

Average Condo / Sqft361.07 $per sqft
Average Home / Sqft286.36 $per sqft
Cap Rate / Yield5.2 %Local Benchmark
Effective Tax Rate1.49 %Pennsylvania

๐Ÿ“ˆCap Rate & Rental Yield Calculator

Gross rental yield, capitalization rate (Cap Rate), cash-on-cash return, and net monthly operating cashflow.

State College (ร˜ 5.2 % Rendite)
$
$ / mo.
ca. $8,925
%
Effective Annual Rent:$12,987
Price-to-Rent Ratio:19.1x
Net Operating Income:$11,667
Cash-on-Cash Return:-8.63 %
Net Cashflow (Pre-Tax):-$431 / Mo.
Gross Yield:
5.22 %
Cap Rate (NOI):
4.42 %
Cashflow Breakdown

Monthly Cashflow Breakdown

Rental income (blue) minus operating costs and loan payments (grey) = net cashflow (green)

ร˜ Durchschnitt$361
ร˜ Durchschnitt:
Rent:$361
Rent
3 Abschnitte
Yield Curve

Cap Rate & Yield Curve

Sensitivity of gross yield (blue) and net cap rate (green) as property price scales

ร˜ Durchschnitt5.00 %
ร˜ Durchschnitt:
Gross Yield (%):5.00 %Net Cap Rate (%):4.00 %
Gross Yield (%)
Net Cap Rate (%)
6 Datenpunkte

๐Ÿ“Housing Market Overview for State College

In State College, residential condo values average approx. $361.07/sqft, while single-family homes trade at $286.36/sqft.

With an average gross rental yield of approx. 5.2%, the area provides attractive fundamental margins for both primary owner-occupiers and residential investors.

๐Ÿ›๏ธClosing Costs & State Standards (Pennsylvania)

Realty Transfer Tax: Statewide Realty Transfer Tax is 1.0% state plus 1.0% local (2.0% total split equally). Philadelphia levies a total transfer tax of 4.278%.

State Down Payment Programs (HFA): PHFA: Pennsylvania Housing Finance Agency Keystone Home Loan and Keystone Advantage down payment assistance.

Settlement & Title Fees: Settlement costs average 3.0% to 4.5%.

Building Codes & State Statutes: Pennsylvania Construction Code Act (UCC); local municipal certificate of occupancy rules.

๐Ÿ“Nearby Housing Markets

Cap Rate & Rental Yield near State College

All markets in Pennsylvania

Compare property price trends, purchase costs, and rental yields across nearby communities around State College.

FAQ & Knowledge

Frequently Asked Questions about Cap Rate & Rental Yield in State College

Key guidelines on property purchase, mortgage calculations, and yields in State College:

What Cap Rates are investors achieving in State College?
?
In State College, residential Cap Rates currently average approximately 4.5% with prevailing rents around $2.10/sqft.
How much do property managers in State College typically charge?
?
Full-service residential property management firms in State College charge between 8% and 10% of gross monthly collected rent.
Are short-term rentals strictly regulated in State College?
?
Municipal ordinances and HOA bylaws across State College increasingly mandate permits, occupancy taxes, or minimum lease terms for short-term stays.
What is the average rent-to-price ratio in State College?
?
Our dataset tracks median monthly lease rates alongside sales prices of $385,000 in State College to highlight cash-flow opportunities.
What are healthy vacancy rate assumptions for State College?
?
Stable rental markets in State College typically experience annual vacancy rates between 4% and 6%, roughly equal to 2 to 3 weeks of tenant turnover.
How do property tax reassessments impact cash flow in State College?
?
Purchasing rental real estate in State College often triggers an ad valorem property tax assessment adjustment, altering your net operating margin.
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