1658 Longmore AvePittsburghPA15216
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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 1658 Longmore Ave, Pittsburgh, PA, 15216 uses $58,178 cash to close to unlock $4,752/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $859/mo payment keeps the spread at $396/mo. Purchase price stands at $175,500, and rental yield measures 10.57% with $1,546/mo rent. Return on cash invested shows 28.08% in year one, and 5% annual appreciation builds toward $48,487 over five years. Five-year ROI reaches 147.1% and total cumulative return in cash records $85,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $859/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,049 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
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Listed by: Kim O'Brien • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls ID: #1717595