1331 Morrow 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
Investment property for sale in Pittsburgh at 1331 Morrow Rd, Pittsburgh, PA, 15241 offers a 9.97% rental yield on a $270,000 purchase with $2,244/mo rent. Total monthly income registers $2,244/mo, and a $1,322/mo payment leaves $474/mo available for distribution. Annual cash flow reaches $5,691/yr on $89,505 to close, and return on cash invested stands at 26.27% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 137.46% and total cumulative return in cash at $123,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,244/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
N/A 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: John Lounder • LOUNDER REAL ESTATE
Mls Name: WPMLS
Mls ID: #1723895