2322 Patterson AvePittsburghPA15218
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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 2322 Patterson Ave, Pittsburgh, PA, 15218 earns $470/mo cash flow from $1,774/mo rent with a $974/mo payment. Total monthly income totals $1,774/mo, and annual cash flow totals $5,640/yr on $65,969 capital. ROI tracks 28.46% on current figures, and rental yield reads 10.7% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 149.15% and total cumulative return in cash sums $98,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,774/mo property income instead of your personal income.
Single Family
Built in 1934
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15218, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,286 (100%) |
| Owner Occupied HU | 3,705 (50.9%) |
| Renter Occupied HU | 2,854 (39.2%) |
| Vacant Housing Units | 727 ( 10.0%) |
| Median Home Value | $283,784 |
| Average Home Value | $334,194 |
Housing Distribution
Address Breakdown
Residential
6,992
Single Family
5,800
Multi-Family
1,192
Businesses
422
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Listed by: Matt O'Donnell • RE/MAX REALTY BROKERS
Mls Name: WPMLS
Mls ID: #1736256