237 Collins DrPittsburghPA15235
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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 237 Collins Dr, Pittsburgh, PA, 15235 offers $1,135/mo rent that, after a $709/mo payment, leaves $186/mo cash flow. Total monthly income is $1,135/mo, and annual cash flow is $2,228/yr on $48,034 cash. Return on cash invested measures 24.55% in year one, and rental yield stands at 9.4% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 128.21% and total cumulative return in cash reaches $61,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,135/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15235, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,518 (100%) |
| Owner Occupied HU | 11,231 (68.0%) |
| Renter Occupied HU | 4,045 (24.5%) |
| Vacant Housing Units | 1,242 ( 7.5%) |
| Median Home Value | $165,506 |
| Average Home Value | $217,733 |
Housing Distribution
Address Breakdown
Residential
16,286
Single Family
14,780
Multi-Family
1,506
Businesses
1,018
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Listed by: Morgan Schmidt • OAK & IVY REAL ESTATE
Mls Name: WPMLS
Mls ID: #1733037