1619 Morningside AvePittsburghPA15206
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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 1619 Morningside Ave, Pittsburgh, PA, 15206 offers a 9.15% rental yield on a $386,000 purchase with $2,944/mo rent. Total monthly income registers $2,944/mo, and a $1,889/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,979/yr on $127,959 to close, and return on cash invested stands at 23.8% in year one. Equity gained on principal adds $2,491/yr while 5% annual appreciation supports $106,645 over five years. Portfolio math shows five-year ROI at 124.17% and total cumulative return in cash at $158,892. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,944/mo property income against a $1,889/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15206, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 5,794 (34.5%) |
| Renter Occupied HU | 8,982 (53.5%) |
| Vacant Housing Units | 2,008 (12.0%) |
| Median Home Value | $365,536 |
| Average Home Value | $420,604 |
Housing Distribution
Address Breakdown
Residential
15,976
Single Family
10,356
Multi-Family
5,620
Businesses
1,036
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Listed by: Emily Fraser • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1715053
Disclaimer: Listing 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.