2008 Locust StPittsburghPA15218
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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 2008 Locust St, Pittsburgh, PA, 15218 uses $58,013 cash to close to unlock $6,513/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $1,690/mo, and a $857/mo payment keeps the spread at $543/mo. Purchase price stands at $175,000, and rental yield measures 11.59% with $1,690/mo rent. Return on cash invested shows 31.14% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 163.53% and total cumulative return in cash records $94,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,690/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15218, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,286 (100%) |
| Owner Occupied HU | 3,705 (50.9%) |
| Renter Occupied HU | 2,854 (39.2%) |
| Vacant Housing Units | 727 ( 10.0%) |
| Median Home Value | $283,784 |
| Average Home Value | $334,194 |
Housing Distribution
Address Breakdown
Residential
6,992
Single Family
5,800
Multi-Family
1,192
Businesses
422
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Listed by: Janette Schafer • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1736294