2324 Spring StPittsburghPA15210
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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 2324 Spring St, Pittsburgh, PA, 15210 offers $2,629/mo rent that, after a $732/mo payment, leaves $1,649/mo cash flow. Total monthly income is $2,629/mo, and annual cash flow is $19,789/yr on $49,559 cash. Return on cash invested measures 59.84% in year one, and rental yield stands at 21.1% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Five-year ROI records 317.55% and total cumulative return in cash reaches $157,373. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,629/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15210, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,575 (100%) |
| Owner Occupied HU | 5,634 (44.8%) |
| Renter Occupied HU | 5,103 (40.6%) |
| Vacant Housing Units | 1,838 (14.6%) |
| Median Home Value | $108,802 |
| Average Home Value | $180,017 |
Housing Distribution
Address Breakdown
Residential
10,779
Single Family
9,930
Multi-Family
849
Businesses
470
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Listed by: Tenille Bowling • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1667625
Disclaimer: IDX 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.