114 S 16th StPittsburghPA15203
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 114 S 16th St, Pittsburgh, PA, 15203 offers a 4.15% rental yield on a $325,000 purchase with $1,124/mo rent. 7% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 43.27% and total cumulative return in cash at $46,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,124/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
1,271 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15203, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,661 (100%) |
| Owner Occupied HU | 1,962 (25.6%) |
| Renter Occupied HU | 4,378 (57.1%) |
| Vacant Housing Units | 1,321 (17.2%) |
| Median Home Value | $340,796 |
| Average Home Value | $358,338 |
Housing Distribution
Address Breakdown
Residential
6,424
Single Family
4,850
Multi-Family
1,574
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Giovanni Fedele • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1733245