708 S 29th StHarrisburgPA17111
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 708 S 29th St, Harrisburg, PA, 17111 in Harrisburg at $250,000 earns $1,814/mo in rent and nets $176/mo after the $1,124/mo payment, a 8.71% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $69,070 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $2,303/yr in principal paydown, total projected return reaches $106,537.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.2% |
| Monthly Cash Flow | $176 | $450 |
City averages based on Harrisburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,814 |
| Total Monthly Debt Service | $1,539 |
| DSCR Ratio | 1.18x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1929
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1929
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #PADA2057350