402 Spruce StSteeltonPA17113
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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 Steelton at 402 Spruce St, Steelton, PA, 17113 priced at $199,900 pairs $1,404/mo rent with $95/mo cash flow after a $978/mo payment. Total monthly income equals $1,404/mo, and annual cash flow comes to $1,134/yr on $66,267 invested. Return on cash invested is 21.62% in year one, and rental yield stands at 8.43% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 112.53% and total cumulative return in cash reaches $74,569. For financing, Ziffy Mortgage’s DSCR program evaluates $1,404/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
2,178 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: Tyler Murphy • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #PADA2050114