201 Alter DrPittsburghPA15239
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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 201 Alter Dr, Pittsburgh, PA, 15239 generates $1,536/mo in rent, after a $1,223/mo payment. Total monthly income is $1,536/mo. Return on cash invested sits at 18.44% in year one, and rental yield is 7.38% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 95.46% and total cumulative return in cash sums $79,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15239, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,959 (100%) |
| Owner Occupied HU | 6,825 (76.2%) |
| Renter Occupied HU | 1,645 (18.4%) |
| Vacant Housing Units | 489 ( 5.5%) |
| Median Home Value | $246,967 |
| Average Home Value | $329,994 |
Housing Distribution
Address Breakdown
Residential
8,870
Single Family
8,620
Multi-Family
250
Businesses
519
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Listed by: Colleen Alexander • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1718848