22 S 3rd StHarrisburgPA17101
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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 22 S 3rd St, Harrisburg, PA, 17101 priced at $179,900 converts $1,472/mo rent into $293/mo cash flow after a $881/mo obligation. Total monthly income equals $1,472/mo, and annual cash flow totals $3,512/yr on $59,637 invested. Return on cash invested prints 25.8% in year one, and rental yield reads 9.82% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 134.93% and total cumulative return in cash sums $80,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,472/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17101, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,210 (100%) |
| Owner Occupied HU | 115 ( 5.2%) |
| Renter Occupied HU | 1,689 (76.4%) |
| Vacant Housing Units | 406 (18.4%) |
| Median Home Value | $203,409 |
| Average Home Value | $278,130 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
307
Multi-Family
1,743
Businesses
690
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Listed by: Wendell Hoover • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2052434