1137 Merrick AvePittsburghPA15226
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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 1137 Merrick Ave, Pittsburgh, PA, 15226 earns $690/mo cash flow from $2,460/mo rent with a $1,322/mo payment. Total monthly income totals $2,460/mo, and annual cash flow totals $8,283/yr on $89,505 capital. ROI tracks 29.16% on current figures, and rental yield reads 10.93% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 152.98% and total cumulative return in cash sums $136,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,460/mo property income instead of your personal income.
Single Family
Built in 1954
4,303 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15226, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 4,508 (66.5%) |
| Renter Occupied HU | 1,758 (25.9%) |
| Vacant Housing Units | 514 ( 7.6%) |
| Median Home Value | $205,512 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,968
Multi-Family
649
Businesses
323
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Listed by: Magen Bedillion • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1712187
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.