140 8th AvePittsburghPA15229
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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 140 8th Ave, Pittsburgh, PA, 15229 offers $2,425/mo rent that, after a $1,468/mo payment, leaves $460/mo cash flow. Total monthly income is $2,425/mo, and annual cash flow is $5,514/yr on $99,450 cash. Return on cash invested measures 25.45% in year one, and rental yield stands at 9.7% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 133.08% and total cumulative return in cash reaches $132,348. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,425/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15229, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 4,792 (67.0%) |
| Renter Occupied HU | 1,919 (26.8%) |
| Vacant Housing Units | 441 ( 6.2%) |
| Median Home Value | $275,330 |
| Average Home Value | $312,525 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,047
Multi-Family
683
Businesses
285
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Listed by: Dawn Ross • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701367
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.