2318 Collins RdPittsburghPA15235
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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 2318 Collins Rd, Pittsburgh, PA, 15235 uses $82,842 cash to close to unlock $2,155/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,817/mo, and a $1,223/mo payment keeps the spread at $180/mo. Purchase price stands at $249,900, and rental yield measures 8.73% with $1,817/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 117.29% and total cumulative return in cash records $97,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15235, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,518 (100%) |
| Owner Occupied HU | 11,231 (68.0%) |
| Renter Occupied HU | 4,045 (24.5%) |
| Vacant Housing Units | 1,242 ( 7.5%) |
| Median Home Value | $165,506 |
| Average Home Value | $217,733 |
Housing Distribution
Address Breakdown
Residential
16,286
Single Family
14,780
Multi-Family
1,506
Businesses
1,018
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Listed by: Ryan Frankowski • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1719368