1561 King Charles DrPittsburghPA15237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Pittsburgh at 1561 King Charles Dr, Pittsburgh, PA, 15237 priced at $515,000 converts $3,580/mo rent into $205/mo cash flow after a $2,521/mo obligation. Total monthly income equals $3,580/mo, and annual cash flow totals $2,460/yr on $169,435 invested. Return on cash invested prints 21.51% in year one, and rental yield reads 8.34% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 111.87% and total cumulative return in cash sums $189,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,580/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Faulkner • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1683660
Disclaimer: IDX 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.