179 Lakewood AvePittsburghPA15229
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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 179 Lakewood Ave, Pittsburgh, PA, 15229 at $280,000 posts ROI 17.36% with from $1,637/mo rent. Total monthly income equals $1,637/mo. Return on cash invested measures 17.36% and rental yield reads 7.02% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 89.64% and total cumulative return in cash totals $83,205. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,637/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1911
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15229, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 4,792 (67.0%) |
| Renter Occupied HU | 1,919 (26.8%) |
| Vacant Housing Units | 441 ( 6.2%) |
| Median Home Value | $275,330 |
| Average Home Value | $312,525 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,047
Multi-Family
683
Businesses
285
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Listed by: Diana Staudenmaier • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1722841