1008 Pittsburgh StScottdalePA15683
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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 Scottdale at 1008 Pittsburgh St, Scottdale, PA, 15683 uses $62,952 cash to close to unlock $1,765/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,391/mo, and a $929/mo payment keeps the spread at $147/mo. Purchase price stands at $189,900, and rental yield measures 8.79% with $1,391/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 118.42% and total cumulative return in cash records $74,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15683, Scottdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,971 (100%) |
| Owner Occupied HU | 2,682 (67.5%) |
| Renter Occupied HU | 910 (22.9%) |
| Vacant Housing Units | 379 ( 9.5%) |
| Median Home Value | $188,438 |
| Average Home Value | $301,166 |
Housing Distribution
Address Breakdown
Residential
3,615
Single Family
3,389
Multi-Family
226
Businesses
242
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Listed by: Jessica Bortz • COLDWELL BANKER LAUREL RIDGE REALTY
Mls Name: WPMLS
Mls ID: #1723794