1024 Summerset DrPittsburghPA15217
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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 1024 Summerset Dr, Pittsburgh, PA, 15217 offers a 5.21% rental yield on a $741,000 purchase with $3,217/mo rent. 6% in year one. Equity gained on principal adds $4,782/yr while 5% annual appreciation supports $204,725 over five years. Portfolio math shows five-year ROI at 58.89% and total cumulative return in cash at $143,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,217/mo property income against a $3,627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
3,920 sqft lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
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Listed by: Sara Minshull • REDFIN CORPORATION
Mls Name: WPMLS
Mls Provider:
Mls ID: #1729414
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.