1500 Cochran Rd APT 809PittsburghPA15243
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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 1500 Cochran Rd APT 809, Pittsburgh, PA, 15243 listed at $269,900 pairs $2,470/mo rent with a $1,321/mo payment to leave $701/mo cash flow. Total monthly income runs $2,470/mo, and annual cash flow reaches $8,417/yr on $89,472 cash to close. Return on cash invested measures 29.32% in year one, and rental yield registers 10.98% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 153.79% and total cumulative return in cash totals $137,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,470/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15243, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 4,799 (77.7%) |
| Renter Occupied HU | 1,006 (16.3%) |
| Vacant Housing Units | 370 ( 6.0%) |
| Median Home Value | $343,526 |
| Average Home Value | $395,977 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
4,894
Multi-Family
1,035
Businesses
142
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Listed by: Michele Belice • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1728844