313 S River StHarrisburgPA17104
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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 313 S River St, Harrisburg, PA, 17104 priced at $170,000 converts $1,512/mo rent into $398/mo cash flow after a $832/mo obligation. Total monthly income equals $1,512/mo, and annual cash flow totals $4,777/yr on $56,355 invested. Return on cash invested prints 28.39% in year one, and rental yield reads 10.67% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 148.86% and total cumulative return in cash sums $83,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,512/mo property income covering a $832/mo payment, not borrower’s personal income.
Townhouse
Built in 1900
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17104, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,228 (100%) |
| Owner Occupied HU | 3,026 (32.8%) |
| Renter Occupied HU | 5,185 (56.2%) |
| Vacant Housing Units | 1,017 (11.0%) |
| Median Home Value | $108,787 |
| Average Home Value | $188,058 |
Housing Distribution
Address Breakdown
Residential
7,683
Single Family
6,877
Multi-Family
806
Businesses
472
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Listed by: JON BOMBERGER • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2050046