342 S 3rd StHarrisburgPA17113
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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 342 S 3rd St, Harrisburg, PA, 17113 generates $1,528/mo in rent and, after a $758/mo payment, leaves $513/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $6,158/yr on $51,349 invested. Return on cash invested sits at 31.9% in year one, and rental yield is 11.84% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 167.69% and total cumulative return in cash sums $86,108. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
871 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
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Listed by: Wendell Hoover • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2051948