619 N 2nd StHarrisburgPA17101
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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 619 N 2nd St, Harrisburg, PA, 17101 offers a 8.1% rental yield on a $239,900 purchase with $1,619/mo rent. Total monthly income registers $1,619/mo, and a $1,174/mo payment leaves $47/mo available for distribution. Annual cash flow reaches $566/yr on $79,527 to close, and return on cash invested stands at 20.62% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 107.19% and total cumulative return in cash at $85,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,619/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17101, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,210 (100%) |
| Owner Occupied HU | 115 ( 5.2%) |
| Renter Occupied HU | 1,689 (76.4%) |
| Vacant Housing Units | 406 (18.4%) |
| Median Home Value | $203,409 |
| Average Home Value | $278,130 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
307
Multi-Family
1,743
Businesses
690
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Listed by: Wendell Hoover • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2047272