159 Morewood AvePittsburghPA15213
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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
Rental property for sale in Pittsburgh at 159 Morewood Ave, Pittsburgh, PA, 15213 generates $3,764/mo in rent, after a $2,936/mo payment. Total monthly income is $3,764/mo. Return on cash invested sits at 19.05% in year one, and rental yield is 7.53% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 98.68% and total cumulative return in cash sums $194,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,764/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15213, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,203 (100%) |
| Owner Occupied HU | 2,412 (19.8%) |
| Renter Occupied HU | 8,224 (67.4%) |
| Vacant Housing Units | 1,567 (12.8%) |
| Median Home Value | $333,410 |
| Average Home Value | $466,868 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
4,413
Multi-Family
8,075
Businesses
806
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Listed by: Maureen States • NEIGHBORHOOD REALTY SERVICES
Mls Name: WPMLS
Mls ID: #1723694