213 S Lang AvePittsburghPA15208
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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 213 S Lang Ave, Pittsburgh, PA, 15208 priced at $499,000 converts $3,074/mo rent into after a $2,442/mo obligation. Total monthly income equals $3,074/mo. Return on cash invested prints 18.49% in year one, and rental yield reads 7.39% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 95.72% and total cumulative return in cash sums $158,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,074/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Townhouse
Built in 1890
3,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15208, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 2,063 (39.1%) |
| Renter Occupied HU | 2,259 (42.9%) |
| Vacant Housing Units | 949 (18.0%) |
| Median Home Value | $351,141 |
| Average Home Value | $405,001 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,074
Multi-Family
747
Businesses
257
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Listed by: Hugh McVeagh • PARKS EDGE PROPERTIES, LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1696442
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.