224 Meridan StPittsburghPA15211
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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 Meridan St, Pittsburgh, PA, 15211 at $345,000 posts ROI 22.29% with $227/mo cash flow from $2,488/mo rent. Total monthly income equals $2,488/mo, and annual cash flow records $2,722/yr on $114,368 to close. Return on cash invested measures 22.29% and rental yield reads 8.65% at the current $345,000. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 by year five. Five-year ROI prints 116.07% and total cumulative return in cash totals $132,748.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,488/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
4,434 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15211, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 2,770 (41.1%) |
| Renter Occupied HU | 3,155 (46.8%) |
| Vacant Housing Units | 819 (12.1%) |
| Median Home Value | $247,928 |
| Average Home Value | $313,171 |
Housing Distribution
Address Breakdown
Residential
5,988
Single Family
4,920
Multi-Family
1,068
Businesses
162
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Listed by: Sarah Madia • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1729678
Disclaimer: Listing 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.