1599 Fallowfield AvePittsburghPA15216
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
Investment property for sale in Pittsburgh at 1599 Fallowfield Ave, Pittsburgh, PA, 15216 offers a 11.06% rental yield on a $179,000 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $876/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,726/yr on $59,339 to close, and return on cash invested stands at 29.56% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 155.13% and total cumulative return in cash at $92,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Kofmehl • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1724592