2024 Waterfront PlPittsburghPA15222
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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 Waterfront Pl, Pittsburgh, PA, 15222 priced at $1,250,000 converts $5,275/mo rent into after a $6,118/mo obligation. Total monthly income equals $5,275/mo. Return on cash invested prints 10.54% in year one, and rental yield reads 5.06% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 53.46% and total cumulative return in cash sums $216,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,275/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
892.98 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15222, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,465 (100%) |
| Owner Occupied HU | 531 ( 9.7%) |
| Renter Occupied HU | 4,038 (73.9%) |
| Vacant Housing Units | 896 (16.4%) |
| Median Home Value | $519,737 |
| Average Home Value | $511,116 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
264
Multi-Family
4,895
Businesses
2,116
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Listed by: Ryan Edmondson • KELLER WILLIAMS EXCLUSIVE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1675119
Disclaimer: IDX 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.