2314 Hoffer 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 2314 Hoffer St, Harrisburg, PA, 17103 earns $151/mo cash flow from $1,985/mo rent with a $1,370/mo payment. Total monthly income totals $1,985/mo, and annual cash flow totals $1,808/yr on $92,820 capital. ROI tracks 21.86% on current figures, and rental yield reads 8.51% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 113.76% and total cumulative return in cash sums $105,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,985/mo property income instead of your personal income.
Single Family
Built in 1908
7,405 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: Joni Fortna • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2051822