704 Drexel RdHarrisburgPA17109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 704 Drexel Rd, Harrisburg, PA, 17109 in Harrisburg hard to pass up. The 11.99% gross yield on a $448,000 purchase results in $4,475/mo in rent and $1,539/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.11). Annual cash flow of $18,469, five-year appreciation of $123,774, and $3,756/yr in equity build-up combine for a projected total cumulative return of $261,257.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.2% |
| Monthly Cash Flow | $1,539 | $450 |
City averages based on Harrisburg market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,475 |
| Total Monthly Debt Service | $2,867 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
0.39 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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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PADA2064568
