116 Walter StPittsburghPA15210
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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 Walter St, Pittsburgh, PA, 15210 priced at $135,000 converts $1,116/mo rent into $231/mo cash flow after a $661/mo obligation. Total monthly income equals $1,116/mo, and annual cash flow totals $2,773/yr on $44,753 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 9.92% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 136.65% and total cumulative return in cash sums $61,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,116/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15210, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,575 (100%) |
| Owner Occupied HU | 5,634 (44.8%) |
| Renter Occupied HU | 5,103 (40.6%) |
| Vacant Housing Units | 1,838 (14.6%) |
| Median Home Value | $108,802 |
| Average Home Value | $180,017 |
Housing Distribution
Address Breakdown
Residential
10,779
Single Family
9,930
Multi-Family
849
Businesses
470
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Listed by: Rita Mincin • ARTMAN B.C. & COMPANY
Mls Name: WPMLS
Mls ID: #1730987