1216 Rolling Meadow RdPittsburghPA15241
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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 Rolling Meadow Rd, Pittsburgh, PA, 15241 generates $3,103/mo in rent and, after a $1,474/mo payment, leaves $954/mo in cash flow. Total monthly income is $3,103/mo, and annual cash flow is $11,451/yr on $99,818 invested. Return on cash invested sits at 31.38% in year one, and rental yield is 12.37% on a $301,111 entry. Equity gained on principal adds $1,943/yr, while 5% annual appreciation builds toward $83,191 over five years. Five-year ROI reaches 165.64% and total cumulative return in cash sums $165,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,103/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15241, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,077 (100%) |
| Owner Occupied HU | 7,263 (80.0%) |
| Renter Occupied HU | 1,175 (12.9%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $439,560 |
| Average Home Value | $493,591 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
7,508
Multi-Family
977
Businesses
866
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Listed by: Roxane Agostinelli • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1724521
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.