223 7th StPittsburghPA15215
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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 223 7th St, Pittsburgh, PA, 15215 priced at $700,000 pairs $3,283/mo rent with after a $3,426/mo payment. Total monthly income equals $3,283/mo. Return on cash invested is 13.27% in year one, and rental yield stands at 5.63% on a $700,000 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 67.68% and total cumulative return in cash reaches $155,872. For financing, Ziffy Mortgage’s DSCR program evaluates $3,283/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15215, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,994 (100%) |
| Owner Occupied HU | 3,692 (61.6%) |
| Renter Occupied HU | 1,743 (29.1%) |
| Vacant Housing Units | 559 ( 9.3%) |
| Median Home Value | $390,296 |
| Average Home Value | $474,957 |
Housing Distribution
Address Breakdown
Residential
5,650
Single Family
5,095
Multi-Family
555
Businesses
446
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Listed by: Jabel Warren • LIFESPACE REAL ESTATE
Mls Name: WPMLS
Mls ID: #1725258