1 Short StPittsburghPA15223
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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
Rental property for sale in Pittsburgh at 1 Short St, Pittsburgh, PA, 15223 priced at $149,000 converts $1,119/mo rent into $143/mo cash flow after a $729/mo obligation. Total monthly income equals $1,119/mo, and annual cash flow totals $1,715/yr on $49,394 invested. Return on cash invested prints 23.38% in year one, and rental yield reads 9.01% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 121.94% and total cumulative return in cash sums $60,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,119/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1967
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15223, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,763 (100%) |
| Owner Occupied HU | 2,278 (60.5%) |
| Renter Occupied HU | 1,106 (29.4%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $220,431 |
| Average Home Value | $256,923 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
3,235
Multi-Family
228
Businesses
268
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Listed by: Christopher Niles • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1735455