2000 Michael DrPittsburghPA15227
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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 2000 Michael Dr, Pittsburgh, PA, 15227 listed at $290,500 pairs $2,723/mo rent with a $1,422/mo payment to leave $455/mo cash flow. Total monthly income runs $2,723/mo, and annual cash flow reaches $5,461/yr on $96,301 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 11.25% at a $290,500 basis. Equity gained on principal adds $1,875/yr, and annual property appreciation at 5% supports $80,260 by year five. Five-year ROI tracks 135.42% and total cumulative return in cash totals $130,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,723/mo property income relative to a $1,422/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15227, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,462 (100%) |
| Owner Occupied HU | 8,539 (63.4%) |
| Renter Occupied HU | 3,899 (29.0%) |
| Vacant Housing Units | 1,024 ( 7.6%) |
| Median Home Value | $213,031 |
| Average Home Value | $254,568 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
11,653
Multi-Family
1,580
Businesses
535
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Listed by: Nick Bova • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705212
Disclaimer: Listing 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.