1317 Old Freeport RdPittsburghPA15238
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Nearby investment properties with comparable prices
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 1317 Old Freeport Rd, Pittsburgh, PA, 15238 offers a 8.13% rental yield on a $230,000 purchase with $1,558/mo rent. Total monthly income registers $1,558/mo, and a $1,126/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $607/yr on $76,245 to close, and return on cash invested stands at 20.71% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 107.61% and total cumulative return in cash at $82,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,558/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,308 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15238, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,143 (100%) |
| Owner Occupied HU | 4,316 (70.3%) |
| Renter Occupied HU | 1,273 (20.7%) |
| Vacant Housing Units | 554 ( 9.0%) |
| Median Home Value | $533,359 |
| Average Home Value | $608,543 |
Housing Distribution
Address Breakdown
Residential
6,039
Single Family
5,389
Multi-Family
650
Businesses
953
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Listed by: Megan McNeish • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1728917