1536 Colwell St APT 1PittsburghPA15219
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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 1536 Colwell St APT 1, Pittsburgh, PA, 15219 offers a 5.85% rental yield on a $330,000 purchase with $1,610/mo rent. 85% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 70.84% and total cumulative return in cash at $77,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,610/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15219, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,699 (100%) |
| Owner Occupied HU | 1,502 (17.3%) |
| Renter Occupied HU | 5,856 (67.3%) |
| Vacant Housing Units | 1,341 (15.4%) |
| Median Home Value | $214,808 |
| Average Home Value | $294,680 |
Housing Distribution
Address Breakdown
Residential
7,414
Single Family
3,993
Multi-Family
3,421
Businesses
1,827
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Listed by: Racheallee Lacek • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1722895