1029 4th AveSteeltonPA17113
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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
Investment property for sale in Steelton at 1029 4th Ave, Steelton, PA, 17113 uses $69,516 cash to close to unlock $3,471/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $1,026/mo payment keeps the spread at $289/mo. Purchase price stands at $209,700, and rental yield measures 9.52% with $1,663/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $57,936 over five years. Five-year ROI reaches 130.13% and total cumulative return in cash records $90,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $1,026/mo payment rather than investor’s personal income.
Single Family
Built in 1951
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17113, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,118 (100%) |
| Owner Occupied HU | 2,718 (53.1%) |
| Renter Occupied HU | 1,998 (39.0%) |
| Vacant Housing Units | 402 ( 7.9%) |
| Median Home Value | $170,833 |
| Average Home Value | $208,116 |
Housing Distribution
Address Breakdown
Residential
4,690
Single Family
4,423
Multi-Family
267
Businesses
206
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Listed by: Cuong Dang • RE/MAX 1st Advantage
Mls Name: Bright MLS
Mls ID: #PADA2052412