205 Parkedge RdPittsburghPA15220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Pittsburgh at 205 Parkedge Rd, Pittsburgh, PA, 15220 offers a 11.9% rental yield on a $198,000 purchase with $1,963/mo rent. Total monthly income registers $1,963/mo, and a $969/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,988/yr on $65,637 to close, and return on cash invested stands at 32.08% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 168.61% and total cumulative return in cash at $110,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,963/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,633 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Myles Mazzanti • MILESTONE REALTY
Mls Name: WPMLS
Mls ID: #1724654