226 Herndon StPittsburghPA15220
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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 226 Herndon St, Pittsburgh, PA, 15220 priced at $147,000 converts $2,009/mo rent into $1,046/mo cash flow after a $719/mo obligation. Total monthly income equals $2,009/mo, and annual cash flow totals $12,555/yr on $48,731 invested. Return on cash invested prints 45.67% in year one, and rental yield reads 16.4% against a $147,000 entry. Equity gained on principal adds $949/yr, while 5% annual appreciation compiles into $40,613 by year five. Five-year ROI reaches 241.52% and total cumulative return in cash sums $117,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,009/mo property income covering a $719/mo payment, not borrower’s personal income.
Single Family
Built in 1892
5,031 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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Listed by: Kelly Luhn • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706846
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.