302 N 2nd StSteeltonPA17113
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 302 N 2nd St, Steelton, PA, 17113 in Steelton: $1,775/mo in rent, $980/mo net, 17.56% gross yield, all on a $121,300 acquisition. The 3.26 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $33,513 in value, and $1,117/yr in principal paydown steadily builds equity. Projected total cumulative return: $109,288.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 17.6% | 6.2% |
| Monthly Cash Flow | $980 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,775 |
| Total Monthly Debt Service | $747 |
| DSCR Ratio | 2.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
1,258 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
1,258 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A