1060 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 1060 Cedar Blvd, Pittsburgh, PA, 15228 uses $107,738 cash to close to unlock $2,148/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $2,309/mo, and a $1,591/mo payment keeps the spread at $179/mo. Purchase price stands at $325,000, and rental yield measures 8.53% with $2,309/mo rent. Return on cash invested shows 21.9% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 114.06% and total cumulative return in cash records $122,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,309/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.25 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: Shannon Gallagher • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1737640