1500 N 6th St APT 502HarrisburgPA17102
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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 1500 N 6th St APT 502, Harrisburg, PA, 17102 generates $3,004/mo in rent, after a $2,937/mo payment. Total monthly income is $3,004/mo. Return on cash invested sits at 14.42% in year one, and rental yield is 6.01% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 73.84% and total cumulative return in cash sums $145,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,004/mo property income rather than buyer’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17102, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,315 (100%) |
| Owner Occupied HU | 1,393 (26.2%) |
| Renter Occupied HU | 3,107 (58.5%) |
| Vacant Housing Units | 815 (15.3%) |
| Median Home Value | $209,933 |
| Average Home Value | $239,765 |
Housing Distribution
Address Breakdown
Residential
4,338
Single Family
2,542
Multi-Family
1,796
Businesses
311
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Listed by: JOY DANIELS • Joy Daniels Real Estate Group, Ltd
Mls Name: Bright MLS
Mls ID: #PADA2052512