1002 Glencoe AvePittsburghPA15220
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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 Pittsburgh at 1002 Glencoe Ave, Pittsburgh, PA, 15220 uses $97,793 cash to close to unlock $2,865/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,444/mo payment keeps the spread at $239/mo. Purchase price stands at $295,000, and rental yield measures 8.84% with $2,172/mo rent. Return on cash invested shows 22.84% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 119.03% and total cumulative return in cash records $116,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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Listed by: Dana Monaco • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1710222
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.