204 Bailey AvePittsburghPA15211
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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 204 Bailey Ave, Pittsburgh, PA, 15211 priced at $632,000 converts $2,521/mo rent into after a $3,093/mo obligation. Total monthly income equals $2,521/mo. Return on cash invested prints 10.71% in year one, and rental yield reads 4.79% against a $632,000 entry. Equity gained on principal adds $4,078/yr, while 5% annual appreciation compiles into $174,610 by year five. Five-year ROI reaches 53.96% and total cumulative return in cash sums $112,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,521/mo property income covering a $3,093/mo payment, not borrower’s personal income.
Single Family
Built in 1920
2,034 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15211, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 2,770 (41.1%) |
| Renter Occupied HU | 3,155 (46.8%) |
| Vacant Housing Units | 819 (12.1%) |
| Median Home Value | $247,928 |
| Average Home Value | $313,171 |
Housing Distribution
Address Breakdown
Residential
5,988
Single Family
4,920
Multi-Family
1,068
Businesses
162
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Listed by: Regina Mungo • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1702431
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.