209 Joseph StPittsburghPA15227
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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
Investment property for sale in Pittsburgh at 209 Joseph St, Pittsburgh, PA, 15227 offers a 11.24% rental yield on a $239,900 purchase with $2,248/mo rent. Total monthly income registers $2,248/mo, and a $1,174/mo payment leaves $676/mo available for distribution. Annual cash flow reaches $8,114/yr on $79,527 to close, and return on cash invested stands at 30.11% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 158.08% and total cumulative return in cash at $125,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,248/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15227, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,462 (100%) |
| Owner Occupied HU | 8,539 (63.4%) |
| Renter Occupied HU | 3,899 (29.0%) |
| Vacant Housing Units | 1,024 ( 7.6%) |
| Median Home Value | $213,031 |
| Average Home Value | $254,568 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
11,653
Multi-Family
1,580
Businesses
535
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Listed by: Jim Dolanch • CENTURY 21 FRONTIER REALTY
Mls Name: WPMLS
Mls ID: #1722417