1103 Tropical AvePittsburghPA15216
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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 1103 Tropical Ave, Pittsburgh, PA, 15216 listed at $364,800 pairs $2,628/mo rent with a $1,786/mo payment to leave $237/mo cash flow. Total monthly income runs $2,628/mo, and annual cash flow reaches $2,844/yr on $120,931 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 8.64% at a $364,800 basis. Equity gained on principal adds $2,354/yr, and annual property appreciation at 5% supports $100,788 by year five. Five-year ROI tracks 115.97% and total cumulative return in cash totals $140,248. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,628/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
10,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
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Listed by: AnnaMarie DeFrank • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1702176