1275 Lakemont DrPittsburghPA15243
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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 1275 Lakemont Dr, Pittsburgh, PA, 15243 offers a 8.27% rental yield on a $683,000 purchase with $4,706/mo rent. Total monthly income registers $4,706/mo, and a $3,343/mo payment leaves $136/mo available for distribution. Annual cash flow reaches $1,637/yr on $224,707 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $4,407/yr while 5% annual appreciation supports $188,700 over five years. Portfolio math shows five-year ROI at 108.2% and total cumulative return in cash at $243,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,706/mo property income against a $3,343/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15243, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 4,799 (77.7%) |
| Renter Occupied HU | 1,006 (16.3%) |
| Vacant Housing Units | 370 ( 6.0%) |
| Median Home Value | $343,526 |
| Average Home Value | $395,977 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
4,894
Multi-Family
1,035
Businesses
142
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Listed by: Nancy McKenna • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1668447
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.