429 Pine 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 429 Pine St, Steelton, PA, 17113 priced at $229,900 converts $1,799/mo rent into $293/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,799/mo, and annual cash flow totals $3,513/yr on $76,212 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.39% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 128.04% and total cumulative return in cash sums $97,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,799/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,920 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: Mr. Robert Hoobler • RE/MAX 1st Advantage
Mls Name: Bright MLS
Mls ID: #PADA2052634