369 1/2 S 2nd StSteeltonPA17113
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 369 1/2 S 2nd St, Steelton, PA, 17113 in Steelton deserves attention. This $165,000 property earns $1,595/mo in rent, a 11.6% gross yield, and nets $514/mo after the $782/mo payment. DSCR 2.04 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $45,586 compounds alongside $1,383/yr in yearly equity build, for a total cumulative return of $92,829.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $514 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,595 |
| Total Monthly Debt Service | $1,056 |
| DSCR Ratio | 1.51x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
1,733 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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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
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Listed by: N/A • N/A
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