1949 Rockledge StPittsburghPA15212
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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 1949 Rockledge St, Pittsburgh, PA, 15212 generates $1,343/mo in rent and, after a $979/mo payment, leaves $32/mo in cash flow. Total monthly income is $1,343/mo, and annual cash flow is $388/yr on $66,300 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 8.06% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash sums $70,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,343/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
4,373 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15212, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,745 (100%) |
| Owner Occupied HU | 6,535 (41.5%) |
| Renter Occupied HU | 6,797 (43.2%) |
| Vacant Housing Units | 2,413 (15.3%) |
| Median Home Value | $212,884 |
| Average Home Value | $259,418 |
Housing Distribution
Address Breakdown
Residential
14,175
Single Family
10,909
Multi-Family
3,266
Businesses
889
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Listed by: Nicole D Arduino • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1723299