228 Mayflower StPittsburghPA15206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 228 Mayflower St, Pittsburgh, PA, 15206 uses $62,985 cash to close to unlock $2,459/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $930/mo payment keeps the spread at $205/mo. Purchase price stands at $190,000, and rental yield measures 9.16% with $1,450/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash records $78,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15206, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 5,794 (34.5%) |
| Renter Occupied HU | 8,982 (53.5%) |
| Vacant Housing Units | 2,008 (12.0%) |
| Median Home Value | $365,536 |
| Average Home Value | $420,604 |
Housing Distribution
Address Breakdown
Residential
15,976
Single Family
10,356
Multi-Family
5,620
Businesses
1,036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Hester • LIFEVENTURE BUY CHOICE HOMES
Mls Name: WPMLS
Mls ID: #1727296