112 Washington Pl APT 2GPittsburghPA15219
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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 112 Washington Pl APT 2G, Pittsburgh, PA, 15219 uses $74,554 cash to close to unlock $5,376/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $1,101/mo payment keeps the spread at $448/mo. Purchase price stands at $224,900, and rental yield measures 10.26% with $1,922/mo rent. Return on cash invested shows 27.12% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 142.06% and total cumulative return in cash records $105,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1967
60.98 sqft 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
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Listed by: John Adair • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1737435