1402/1404 Tolma AvePittsburghPA15216
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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 1402/1404 Tolma Ave, Pittsburgh, PA, 15216 uses $109,395 cash to close to unlock $1,413/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,615/mo payment keeps the spread at $118/mo. Purchase price stands at $330,000, and rental yield measures 8.29% with $2,280/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash records $120,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
1,270 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
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Listed by: Michele Belice • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1729371