2330 Penn Ave #203PittsburghPA15222
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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 2330 Penn Ave #203, Pittsburgh, PA, 15222 generates $3,238/mo in rent, after a $4,748/mo payment. Total monthly income is $3,238/mo. Return on cash invested sits at 8.33% in year one, and rental yield is 4.01% on a $970,000 entry. Equity gained on principal adds $6,259/yr, while 5% annual appreciation builds toward $267,993 over five years. Five-year ROI reaches 41.22% and total cumulative return in cash sums $131,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,238/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15222, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,465 (100%) |
| Owner Occupied HU | 531 ( 9.7%) |
| Renter Occupied HU | 4,038 (73.9%) |
| Vacant Housing Units | 896 (16.4%) |
| Median Home Value | $519,737 |
| Average Home Value | $511,116 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
264
Multi-Family
4,895
Businesses
2,116
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Listed by: Kathy Wallace • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1731229