106 6th AvePittsburghPA15229
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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 106 6th Ave, Pittsburgh, PA, 15229 offers a 8.78% rental yield on a $176,500 purchase with $1,292/mo rent. Total monthly income registers $1,292/mo, and a $864/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,624/yr on $58,510 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $1,139/yr while 5% annual appreciation supports $48,764 over five years. Portfolio math shows five-year ROI at 118.25% and total cumulative return in cash at $69,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,292/mo property income against a $864/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15229, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 4,792 (67.0%) |
| Renter Occupied HU | 1,919 (26.8%) |
| Vacant Housing Units | 441 ( 6.2%) |
| Median Home Value | $275,330 |
| Average Home Value | $312,525 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,047
Multi-Family
683
Businesses
285
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Listed by: John Roth • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1710432
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.