118 Paddock LnPittsburghPA15236
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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 118 Paddock Ln, Pittsburgh, PA, 15236 uses $72,897 cash to close to unlock $5,994/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,076/mo payment keeps the spread at $499/mo. Purchase price stands at $219,900, and rental yield measures 11.35% with $2,080/mo rent. Return on cash invested shows 28.13% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash records $108,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
1,738 sqft lot
$N/A/sqft
$88 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15236, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,670 (100%) |
| Owner Occupied HU | 10,650 (72.6%) |
| Renter Occupied HU | 3,130 (21.3%) |
| Vacant Housing Units | 890 ( 6.1%) |
| Median Home Value | $246,896 |
| Average Home Value | $285,772 |
Housing Distribution
Address Breakdown
Residential
13,958
Single Family
12,264
Multi-Family
1,694
Businesses
994
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Listed by: John Adair • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1695064
Disclaimer: IDX 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.