22 S 3rd St UNIT 202HarrisburgPA17101
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
Investment Highlights
Investment property for sale in Harrisburg at 22 S 3rd St UNIT 202, Harrisburg, PA, 17101 offers a 10.6% rental yield on a $179,900 purchase with $1,589/mo rent. Total monthly income registers $1,589/mo, and a $881/mo payment leaves $410/mo available for distribution. Annual cash flow reaches $4,916/yr on $59,637 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 147.55% and total cumulative return in cash at $87,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,589/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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