12 E Meyers 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
Investment property for sale in Pittsburgh at 12 E Meyers St, Pittsburgh, PA, 15210 listed at $240,000 pairs $2,280/mo rent with a $1,175/mo payment to leave $707/mo cash flow. Total monthly income runs $2,280/mo, and annual cash flow reaches $8,484/yr on $79,560 cash to close. Return on cash invested measures 30.57% in year one, and rental yield registers 11.4% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 160.49% and total cumulative return in cash totals $127,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1896
5,248 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: Jon Gordon • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1722552