204 Olde Ingomar CtPittsburghPA15237
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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 Olde Ingomar Ct, Pittsburgh, PA, 15237 priced at $238,500 converts $2,286/mo rent into $413/mo cash flow after a $1,167/mo obligation. Total monthly income equals $2,286/mo, and annual cash flow totals $4,962/yr on $79,063 invested. Return on cash invested prints 26.18% in year one, and rental yield reads 11.5% against a $238,500 entry. Equity gained on principal adds $1,539/yr, while 5% annual appreciation compiles into $65,893 by year five. Five-year ROI reaches 138.71% and total cumulative return in cash sums $109,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,286/mo property income covering a $1,167/mo payment, not borrower’s personal income.
Condo
Built in 1977
871.20 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
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Listed by: Nikola Tafkov • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1676426
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.