149 2nd 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
Investment property for sale in Pittsburgh at 149 2nd Ave, Pittsburgh, PA, 15229 earns $350/mo cash flow from $1,654/mo rent with a $969/mo payment. Total monthly income totals $1,654/mo, and annual cash flow totals $4,203/yr on $65,637 capital. ROI tracks 26.31% on current figures, and rental yield reads 10.02% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 137.76% and total cumulative return in cash sums $90,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,654/mo property income instead of your personal income.
Single Family
Built in 1950
6,250 sqft 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: Brittany Brophy • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1714112
Disclaimer: Listing 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.