1405 Evanston StPittsburghPA15204
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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 1405 Evanston St, Pittsburgh, PA, 15204 offers a 10.53% rental yield on a $224,900 purchase with $1,974/mo rent. Total monthly income registers $1,974/mo, and a $1,101/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $6,000/yr on $74,554 to close, and return on cash invested stands at 27.96% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 146.55% and total cumulative return in cash at $109,261. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,974/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15204, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,773 (100%) |
| Owner Occupied HU | 2,104 (55.8%) |
| Renter Occupied HU | 1,184 (31.4%) |
| Vacant Housing Units | 485 (12.9%) |
| Median Home Value | $112,851 |
| Average Home Value | $164,861 |
Housing Distribution
Address Breakdown
Residential
3,549
Single Family
3,414
Multi-Family
135
Businesses
111
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Listed by: Justin Riapos • LIFESPACE REAL ESTATE
Mls Name: WPMLS
Mls ID: #1731499