22 S 3rd StHarrisburgPA17101
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 22 S 3rd St, Harrisburg, PA, 17101 in Harrisburg achieves a 1.82 ratio at $179,900: $1,472/mo rent versus $809/mo debt service. Rental yield 9.82%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.82% yield compounds alongside 5% annual appreciation projecting $49,703 in value. Total projected cumulative return: $87,382.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.2% |
| Monthly Cash Flow | $(1) | $450 |
City averages based on Harrisburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,472 |
| Total Monthly Debt Service | $1,107 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendell Hoover • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2052434