234 Emerson StPittsburghPA15206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 234 Emerson St, Pittsburgh, PA, 15206 priced at $888,000 converts $5,683/mo rent into after a $4,346/mo obligation. Total monthly income equals $5,683/mo. Return on cash invested prints 19.5% in year one, and rental yield reads 7.68% against a $888,000 entry. Equity gained on principal adds $5,730/yr, while 5% annual appreciation compiles into $245,338 by year five. Five-year ROI reaches 101.12% and total cumulative return in cash sums $295,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,683/mo property income covering a $4,346/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,754 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15206, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 5,794 (34.5%) |
| Renter Occupied HU | 8,982 (53.5%) |
| Vacant Housing Units | 2,008 (12.0%) |
| Median Home Value | $365,536 |
| Average Home Value | $420,604 |
Housing Distribution
Address Breakdown
Residential
15,976
Single Family
10,356
Multi-Family
5,620
Businesses
1,036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pia Colucci • RE/MAX REALTY BROKERS
Mls Name: WPMLS
Mls Provider:
Mls ID: #1673767
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.