2216 Penn StHarrisburgPA17110
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 2216 Penn St, Harrisburg, PA, 17110 offers a 9.04% rental yield on a $148,500 purchase with $1,119/mo rent. Total monthly income registers $1,119/mo, and a $727/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,749/yr on $49,228 to close, and return on cash invested stands at 23.46% in year one. Equity gained on principal adds $958/yr while 5% annual appreciation supports $41,028 over five years. Portfolio math shows five-year ROI at 122.4% and total cumulative return in cash at $60,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,119/mo property income against a $727/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17110, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,578 (100%) |
| Owner Occupied HU | 7,568 (55.7%) |
| Renter Occupied HU | 4,921 (36.2%) |
| Vacant Housing Units | 1,089 ( 8.0%) |
| Median Home Value | $264,104 |
| Average Home Value | $319,350 |
Housing Distribution
Address Breakdown
Residential
12,748
Single Family
11,600
Multi-Family
1,148
Businesses
1,029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMBER CRUZ • Harrisburg Property Management Group
Mls Name: Bright MLS
Mls ID: #PADA2047336