1701 Lanark StPittsburghPA15214
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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
Rental property for sale in Pittsburgh at 1701 Lanark St, Pittsburgh, PA, 15214 generates $1,513/mo in rent and, after a $1,003/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,513/mo, and annual cash flow is $2,040/yr on $67,958 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.86% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 119.48% and total cumulative return in cash sums $81,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
1,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15214, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 3,618 (53.5%) |
| Renter Occupied HU | 2,304 (34.0%) |
| Vacant Housing Units | 845 (12.5%) |
| Median Home Value | $220,257 |
| Average Home Value | $258,647 |
Housing Distribution
Address Breakdown
Residential
6,599
Single Family
6,175
Multi-Family
424
Businesses
98
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Listed by: Christa Ross • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687018
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.