2034 Swallow Hill Rd APT 329PittsburghPA15220
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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 2034 Swallow Hill Rd APT 329, Pittsburgh, PA, 15220 generates $1,708/mo in rent and, after a $553/mo payment, leaves $499/mo in cash flow. Total monthly income is $1,708/mo, and annual cash flow is $5,986/yr on $37,426 invested. Return on cash invested sits at 35.9% in year one, and rental yield is 18.15% on a $112,900 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation builds toward $31,192 over five years. Five-year ROI reaches 194.58% and total cumulative return in cash sums $72,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,708/mo property income rather than buyer’s personal income.
Condo
Built in 1970
322.34 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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Listed by: Michalene Cerqua • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701963
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.