1615 Forster 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 1615 Forster St, Harrisburg, PA, 17103 uses $56,024 cash to close to unlock $1,941/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,269/mo, and a $827/mo payment keeps the spread at $162/mo. Purchase price stands at $169,000, and rental yield measures 9.01% with $1,269/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash records $68,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,269/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1909
2,614 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: Gary Hoover • Cavalry Realty LLC
Mls Name: Bright MLS
Mls ID: #PADA2051106