269 Saddle Ridge DrHarrisburgPA17110
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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 269 Saddle Ridge Dr, Harrisburg, PA, 17110 uses $71,273 cash to close to unlock $4,614/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,943/mo, and a $1,052/mo payment keeps the spread at $384/mo. Purchase price stands at $215,000, and rental yield measures 10.84% with $1,943/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 138.97% and total cumulative return in cash records $99,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,943/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
5,227 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $215,000 |
| 2016-12-14 | Sold | $119,000 |
| 2016-11-07 | Pending sale | $119,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3186.90 | 2.38% | $99,100 | N/A |
| 2022-10-15 | $3112.72 | 1.26% | $99,100 | N/A |
| 2021-10-15 | $3073.94 | 170.88% | $99,100 | N/A |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 2005
- Architectural Style: Other
- Building Area: N/A
- Living Area: 1,165 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Electric
- Cooling: Ceiling Fan(s), Central A/C, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: Secure Storage
- Parking Features: Assigned, Parking Lot
Location
- City: Harrisburg
- State: PA
- Subdivision: Saddle Ridge At Waverly
- Lot Size: 5,227 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Snow Removal, Maintenance Grounds, Maintenance Structure
Utilities
- Utilities: N/A
- Sewer: Other, Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: Susquehanna Township
Listed by: Judy Stover • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PADA2038642
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