2611 Derry StHarrisburgPA17111
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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 2611 Derry St, Harrisburg, PA, 17111 uses $34,774 cash to close to unlock $1,716/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $830/mo, and a $513/mo payment keeps the spread at $143/mo. Purchase price stands at $104,900, and rental yield measures 9.49% with $830/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 129.91% and total cumulative return in cash records $45,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $830/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1949
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17111, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,802 (100%) |
| Owner Occupied HU | 9,456 (63.9%) |
| Renter Occupied HU | 4,703 (31.8%) |
| Vacant Housing Units | 643 ( 4.3%) |
| Median Home Value | $266,693 |
| Average Home Value | $343,169 |
Housing Distribution
Address Breakdown
Residential
14,503
Single Family
12,518
Multi-Family
1,985
Businesses
1,104
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Listed by: MICHELLE KOSTELAC • RE/MAX Realty Associates
Mls Name: Bright MLS
Mls ID: #PADA2048688