2 Greeley AvePittsburghPA15223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2 Greeley Ave, Pittsburgh, PA, 15223 uses $91,163 cash to close to unlock $4,560/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $2,182/mo, and a $1,346/mo payment keeps the spread at $380/mo. Purchase price stands at $275,000, and rental yield measures 9.52% with $2,182/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash records $118,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,182/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15223, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,763 (100%) |
| Owner Occupied HU | 2,278 (60.5%) |
| Renter Occupied HU | 1,106 (29.4%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $220,431 |
| Average Home Value | $256,923 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
3,235
Multi-Family
228
Businesses
268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Itteilag • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1720042