3011 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
Rental property for sale in Harrisburg at 3011 Derry St, Harrisburg, PA, 17111 generates $1,159/mo in rent and, after a $734/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,159/mo, and annual cash flow is $2,115/yr on $49,725 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 9.27% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 126.23% and total cumulative return in cash sums $62,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,159/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
2,178 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: LISA MONTALVO • Turn Key Realty Group
Mls Name: Bright MLS
Mls ID: #PADA2048026