4507 N Progress AveHarrisburgPA17110
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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
Investment property for sale in Harrisburg at 4507 N Progress Ave, Harrisburg, PA, 17110 uses $72,889 cash to close to unlock $7,001/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $2,024/mo, and a $1,076/mo payment keeps the spread at $583/mo. Purchase price stands at $219,875, and rental yield measures 11.05% with $2,024/mo rent. Return on cash invested shows 29.51% in year one, and 5% annual appreciation builds toward $60,747 over five years. Five-year ROI reaches 154.87% and total cumulative return in cash records $112,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,024/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Condo
Built in 1999
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17110, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,578 (100%) |
| Owner Occupied HU | 7,568 (55.7%) |
| Renter Occupied HU | 4,921 (36.2%) |
| Vacant Housing Units | 1,089 ( 8.0%) |
| Median Home Value | $264,104 |
| Average Home Value | $319,350 |
Housing Distribution
Address Breakdown
Residential
12,748
Single Family
11,600
Multi-Family
1,148
Businesses
1,029
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Listed by: Mike Kushla • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PADA2046184