2343 Norton RdPittsburghPA15241
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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 2343 Norton Rd, Pittsburgh, PA, 15241 offers $3,326/mo rent that, after a $2,104/mo payment, leaves $365/mo cash flow. Total monthly income is $3,326/mo, and annual cash flow is $4,376/yr on $142,512 cash. Return on cash invested measures 22.98% in year one, and rental yield stands at 9.28% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 120.23% and total cumulative return in cash reaches $171,343. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,326/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15241, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,077 (100%) |
| Owner Occupied HU | 7,263 (80.0%) |
| Renter Occupied HU | 1,175 (12.9%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $439,560 |
| Average Home Value | $493,591 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
7,508
Multi-Family
977
Businesses
866
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Listed by: Maria Lane • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1700783
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.