232 38th StPittsburghPA15201
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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 232 38th St, Pittsburgh, PA, 15201 earns $240/mo cash flow from $1,452/mo rent with a $905/mo payment. Total monthly income totals $1,452/mo, and annual cash flow totals $2,883/yr on $61,328 capital. ROI tracks 24.61% on current figures, and rental yield reads 9.42% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash sums $78,855. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,452/mo property income instead of your personal income.
Single Family
Built in 1890
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15201, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,276 (100%) |
| Owner Occupied HU | 3,598 (43.5%) |
| Renter Occupied HU | 3,731 (45.1%) |
| Vacant Housing Units | 947 (11.4%) |
| Median Home Value | $342,541 |
| Average Home Value | $391,736 |
Housing Distribution
Address Breakdown
Residential
7,654
Single Family
6,426
Multi-Family
1,228
Businesses
650
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Listed by: Joe Larkin • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1729269