161 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
Investment property for sale in Pittsburgh at 161 Morewood Ave, Pittsburgh, PA, 15213 with 5% annual appreciation on a $625,000 basis while $4,943/mo rent supports operations. Total monthly income totals $4,943/mo and a $3,059/mo payment preserves $848/mo for cash returns. Annual cash flow comes to $10,170/yr on $205,625 deployed, and return on cash invested reaches 25.01% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 9.49%. Five-year ROI measures 130.62% and total cumulative return in cash totals $268,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,943/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: Lindsay Grice • REALTY CO LLC
Mls Name: WPMLS
Mls ID: #1715918