1243 Columbus AvePittsburghPA15233
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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 1243 Columbus Ave, Pittsburgh, PA, 15233 offers $3,830/mo rent that, after a $3,054/mo payment. Total monthly income is $3,830/mo. Return on cash invested measures 18.55% in year one, and rental yield stands at 7.37% at a $624,000 entry. Equity gained on principal adds $4,027/yr while 5% annual appreciation compounds into $172,400 by year five. Five-year ROI records 96% and total cumulative return in cash reaches $197,087. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,830/mo property income versus a $3,054/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,362 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15233, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 578 (36.2%) |
| Renter Occupied HU | 802 (50.2%) |
| Vacant Housing Units | 218 (13.6%) |
| Median Home Value | $414,348 |
| Average Home Value | $465,709 |
Housing Distribution
Address Breakdown
Residential
1,552
Single Family
1,108
Multi-Family
444
Businesses
559
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Listed by: Meg Alarcon • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1686846
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.