1420 State StHarrisburgPA17103
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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 Harrisburg at 1420 State St, Harrisburg, PA, 17103 earns $834/mo cash flow from $2,406/mo rent with a $1,174/mo payment. Total monthly income totals $2,406/mo, and annual cash flow totals $10,010/yr on $79,527 capital. ROI tracks 32.5% on current figures, and rental yield reads 12.04% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 170.86% and total cumulative return in cash sums $135,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,406/mo property income instead of your personal income.
Multi Family
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17103, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,577 (100%) |
| Owner Occupied HU | 1,825 (32.7%) |
| Renter Occupied HU | 2,885 (51.7%) |
| Vacant Housing Units | 867 (15.5%) |
| Median Home Value | $119,375 |
| Average Home Value | $190,153 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,506
Multi-Family
397
Businesses
305
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Listed by: Michael Ogunyemi • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PADA2051634