2356 Morrow 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 2356 Morrow Rd, Pittsburgh, PA, 15241 generates $4,283/mo in rent, after a $4,939/mo payment. Total monthly income is $4,283/mo. Return on cash invested sits at 10.68% in year one, and rental yield is 5.09% on a $1,009,000 entry. Equity gained on principal adds $6,511/yr, while 5% annual appreciation builds toward $278,768 over five years. Five-year ROI reaches 54.19% and total cumulative return in cash sums $177,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,283/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1.25 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: Caroline Douglass • REALTY ONE GROUP PLATINUM
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705992
Disclaimer: Listing 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.