1020 Cedar BlvdPittsburghPA15228
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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 1020 Cedar Blvd, Pittsburgh, PA, 15228 offers a 6.15% rental yield on a $343,000 purchase with $1,757/mo rent. 73% in year one. Equity gained on principal adds $2,213/yr while 5% annual appreciation supports $94,765 over five years. Portfolio math shows five-year ROI at 75.56% and total cumulative return in cash at $85,920. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $1,679/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15228, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,975 (63.5%) |
| Renter Occupied HU | 2,335 (29.8%) |
| Vacant Housing Units | 520 ( 6.6%) |
| Median Home Value | $421,264 |
| Average Home Value | $476,721 |
Housing Distribution
Address Breakdown
Residential
7,666
Single Family
5,816
Multi-Family
1,850
Businesses
434
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Listed by: Janet Hensler • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1720267