2024 Monroe 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
Rental property for sale in Pittsburgh at 2024 Monroe St, Pittsburgh, PA, 15218 generates $1,974/mo in rent and, after a $812/mo payment, leaves $887/mo in cash flow. Total monthly income is $1,974/mo, and annual cash flow is $10,643/yr on $54,996 invested. Return on cash invested sits at 39.26% in year one, and rental yield is 14.28% on a $165,900 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 207.1% and total cumulative return in cash sums $113,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
1,659 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: Bob Stienstraw • RIVER POINT REALTY, LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687502
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.