2429 S 3rd StSteeltonPA17113
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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 Steelton at 2429 S 3rd St, Steelton, PA, 17113 listed at $229,900 pairs $1,628/mo rent with a $1,125/mo payment to leave $122/mo cash flow. Total monthly income runs $1,628/mo, and annual cash flow reaches $1,461/yr on $76,212 cash to close. Return on cash invested measures 21.83% in year one, and rental yield registers 8.5% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 113.6% and total cumulative return in cash totals $86,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,628/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17113, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,118 (100%) |
| Owner Occupied HU | 2,718 (53.1%) |
| Renter Occupied HU | 1,998 (39.0%) |
| Vacant Housing Units | 402 ( 7.9%) |
| Median Home Value | $170,833 |
| Average Home Value | $208,116 |
Housing Distribution
Address Breakdown
Residential
4,690
Single Family
4,423
Multi-Family
267
Businesses
206
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Listed by: JUSTIN SMITH • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2049312