2214 Saranac AvePittsburghPA15216
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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 2214 Saranac Ave, Pittsburgh, PA, 15216 earns from $1,763/mo rent with a $1,468/mo payment. Total monthly income totals $1,763/mo. ROI tracks 17.47% on current figures, and rental yield reads 7.05% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 90.24% and total cumulative return in cash sums $89,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,763/mo property income instead of your personal income.
Single Family
Built in 1920
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
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Listed by: Garrett Browning • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1730557