166 S 16th StPittsburghPA15203
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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 166 S 16th St, Pittsburgh, PA, 15203 offers a 8.23% rental yield on a $214,900 purchase with $1,474/mo rent. Total monthly income registers $1,474/mo, and a $1,052/mo payment leaves $66/mo available for distribution. Annual cash flow reaches $788/yr on $71,239 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 109.26% and total cumulative return in cash at $77,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,474/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15203, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,661 (100%) |
| Owner Occupied HU | 1,962 (25.6%) |
| Renter Occupied HU | 4,378 (57.1%) |
| Vacant Housing Units | 1,321 (17.2%) |
| Median Home Value | $340,796 |
| Average Home Value | $358,338 |
Housing Distribution
Address Breakdown
Residential
6,424
Single Family
4,850
Multi-Family
1,574
Businesses
797
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Listed by: DJ Fairley • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1685901
Disclaimer: IDX 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.