224 Bronx AvePittsburghPA15229
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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 224 Bronx Ave, Pittsburgh, PA, 15229 uses $91,129 cash to close to unlock $3,542/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,346/mo payment keeps the spread at $295/mo. Purchase price stands at $274,900, and rental yield measures 9.15% with $2,096/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 124.19% and total cumulative return in cash records $113,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15229, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 4,792 (67.0%) |
| Renter Occupied HU | 1,919 (26.8%) |
| Vacant Housing Units | 441 ( 6.2%) |
| Median Home Value | $275,330 |
| Average Home Value | $312,525 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
6,047
Multi-Family
683
Businesses
285
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Listed by: Terrence Thurber • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1710772