112 Washington Pl APT 18APittsburghPA15219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 112 Washington Pl APT 18A, Pittsburgh, PA, 15219 uses $109,064 cash to close to unlock $2,525/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,610/mo payment keeps the spread at $210/mo. Purchase price stands at $329,000, and rental yield measures 8.63% with $2,366/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 115.76% and total cumulative return in cash records $126,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15219, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,699 (100%) |
| Owner Occupied HU | 1,502 (17.3%) |
| Renter Occupied HU | 5,856 (67.3%) |
| Vacant Housing Units | 1,341 (15.4%) |
| Median Home Value | $214,808 |
| Average Home Value | $294,680 |
Housing Distribution
Address Breakdown
Residential
7,414
Single Family
3,993
Multi-Family
3,421
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Feldman • YOUR TOWN REALTY LLC
Mls Name: WPMLS
Mls ID: #1715217