413 Reading 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 413 Reading St, Harrisburg, PA, 17113 offers $996/mo rent that, after a $612/mo payment, leaves $177/mo cash flow. Total monthly income is $996/mo, and annual cash flow is $2,121/yr on $41,438 cash. Return on cash invested measures 25.03% in year one, and rental yield stands at 9.56% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 130.79% and total cumulative return in cash reaches $54,197. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $996/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1,742 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: Adam Burkhart • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2049906