515 N Progress AveHarrisburgPA17109
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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 515 N Progress Ave, Harrisburg, PA, 17109 with 5% annual appreciation on a $535,000 basis while $3,090/mo rent supports operations. 22% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 6.93%. Five-year ROI measures 88.88% and total cumulative return in cash totals $156,448. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,090/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17109, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,172 (100%) |
| Owner Occupied HU | 5,464 (48.9%) |
| Renter Occupied HU | 4,971 (44.5%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $226,705 |
| Average Home Value | $296,110 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
8,123
Multi-Family
2,483
Businesses
750
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Listed by: Cuong Dang • RE/MAX 1st Advantage
Mls Name: Bright MLS
Mls ID: #PADA2049852