108 Raleigh CtPittsburghPA15237
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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
Rental property for sale in Pittsburgh at 108 Raleigh Ct, Pittsburgh, PA, 15237 priced at $178,000 converts $2,317/mo rent into $807/mo cash flow after a $871/mo obligation. Total monthly income equals $2,317/mo, and annual cash flow totals $9,682/yr on $59,007 invested. Return on cash invested prints 36.32% in year one, and rental yield reads 15.62% against a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation compiles into $49,178 by year five. Five-year ROI reaches 193.85% and total cumulative return in cash sums $114,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,317/mo property income covering a $871/mo payment, not borrower’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$344 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
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Listed by: Anjelica Macioce • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1717089
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.