1216 Morrow StPittsburghPA15221
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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 1216 Morrow St, Pittsburgh, PA, 15221 priced at $104,900 pairs $830/mo rent with $143/mo cash flow after a $513/mo payment. Total monthly income equals $830/mo, and annual cash flow comes to $1,716/yr on $34,774 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 9.49% on a $104,900 basis. Equity gained on principal adds $677/yr, and 5% annual appreciation accumulates to $28,982 by year five. Five-year ROI measures 129.91% and total cumulative return in cash reaches $45,174. For financing, Ziffy Mortgage’s DSCR program evaluates $830/mo property income against a $513/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
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Listed by: Dustin Nulf • NULF REAL ESTATE
Mls Name: WPMLS
Mls ID: #1700871