8108 Spruce DrHarrisburgPA17111
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 8108 Spruce Dr, Harrisburg, PA, 17111 in Harrisburg. Priced at $199,900, it generates $2,008/mo in gross rent and $698/mo in net monthly cash flow, a 12.05% yield that comfortably supports the 2.23 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,372. Five-year appreciation: $55,229. Equity from principal paydown: $1,841/yr. Total projected cumulative return: $121,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 7.2% |
| Monthly Cash Flow | $698 | $450 |
City averages based on Harrisburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,008 |
| Total Monthly Debt Service | $1,230 |
| DSCR Ratio | 1.63x |
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.
Single Family
Built in 1955
8,712 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
Single Family
Built in 1955
8,712 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: Liz Brown • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADA2049284