7040 Terrann DrHarrisburgPA17112
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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 7040 Terrann Dr, Harrisburg, PA, 17112 uses $92,787 cash to close to unlock $3,310/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $1,370/mo payment keeps the spread at $276/mo. Purchase price stands at $279,900, and rental yield measures 9.05% with $2,110/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash records $113,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17112, Harrisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,963 (100%) |
| Owner Occupied HU | 12,682 (79.4%) |
| Renter Occupied HU | 2,684 (16.8%) |
| Vacant Housing Units | 597 ( 3.7%) |
| Median Home Value | $325,609 |
| Average Home Value | $365,998 |
Housing Distribution
Address Breakdown
Residential
15,673
Single Family
15,177
Multi-Family
496
Businesses
1,169
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Listed by: Emilie Benuck • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PADA2052896