116 Douglas DrPittsburghPA15215
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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
Rental property for sale in Pittsburgh at 116 Douglas Dr, Pittsburgh, PA, 15215 priced at $615,000 converts $3,553/mo rent into after a $3,010/mo obligation. Total monthly income equals $3,553/mo. Return on cash invested prints 17.23% in year one, and rental yield reads 6.93% against a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation compiles into $169,913 by year five. Five-year ROI reaches 88.95% and total cumulative return in cash sums $179,969. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,553/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15215, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,994 (100%) |
| Owner Occupied HU | 3,692 (61.6%) |
| Renter Occupied HU | 1,743 (29.1%) |
| Vacant Housing Units | 559 ( 9.3%) |
| Median Home Value | $390,296 |
| Average Home Value | $474,957 |
Housing Distribution
Address Breakdown
Residential
5,650
Single Family
5,095
Multi-Family
555
Businesses
446
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Listed by: Kelsey Friday • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1715002
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.