1016 Blue Ridge RdHarrisburgPA17110
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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 Harrisburg at 1016 Blue Ridge Rd, Harrisburg, PA, 17110 generates $2,040/mo in rent and, after a $1,272/mo payment, leaves $337/mo in cash flow. Total monthly income is $2,040/mo, and annual cash flow is $4,044/yr on $86,157 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.42% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash sums $110,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17110, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,578 (100%) |
| Owner Occupied HU | 7,568 (55.7%) |
| Renter Occupied HU | 4,921 (36.2%) |
| Vacant Housing Units | 1,089 ( 8.0%) |
| Median Home Value | $264,104 |
| Average Home Value | $319,350 |
Housing Distribution
Address Breakdown
Residential
12,748
Single Family
11,600
Multi-Family
1,148
Businesses
1,029
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Listed by: SCOTT FONNER • RE/MAX Realty Associates
Mls Name: Bright MLS
Mls ID: #PADA2052236