216 Whipple StPittsburghPA15218
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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 216 Whipple St, Pittsburgh, PA, 15218 priced at $299,900 converts $1,796/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,796/mo. Return on cash invested prints 17.86% in year one, and rental yield reads 7.19% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 92.37% and total cumulative return in cash sums $91,828. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,796/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15218, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,286 (100%) |
| Owner Occupied HU | 3,705 (50.9%) |
| Renter Occupied HU | 2,854 (39.2%) |
| Vacant Housing Units | 727 ( 10.0%) |
| Median Home Value | $283,784 |
| Average Home Value | $334,194 |
Housing Distribution
Address Breakdown
Residential
6,992
Single Family
5,800
Multi-Family
1,192
Businesses
422
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Listed by: Logan Koch • DEACON & HOOVER REAL ESTATE ADVISORS LLC
Mls Name: WPMLS
Mls ID: #1735422