6615 Springford TerHarrisburgPA17111
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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 6615 Springford Ter, Harrisburg, PA, 17111 earns $276/mo cash flow from $2,176/mo rent with a $1,419/mo payment. Total monthly income totals $2,176/mo, and annual cash flow totals $3,313/yr on $96,135 capital. ROI tracks 23.36% on current figures, and rental yield reads 9% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 121.85% and total cumulative return in cash sums $117,136. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,176/mo property income instead of your personal income.
Townhouse
Built in 1998
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17111, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,802 (100%) |
| Owner Occupied HU | 9,456 (63.9%) |
| Renter Occupied HU | 4,703 (31.8%) |
| Vacant Housing Units | 643 ( 4.3%) |
| Median Home Value | $266,693 |
| Average Home Value | $343,169 |
Housing Distribution
Address Breakdown
Residential
14,503
Single Family
12,518
Multi-Family
1,985
Businesses
1,104
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Listed by: Kim Jones • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PADA2052718