237 Grandview AvePittsburghPA15211
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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 Grandview Ave, Pittsburgh, PA, 15211 generates $2,225/mo in rent, after a $5,384/mo payment. Total monthly income is $2,225/mo. Return on cash invested sits at 3.59% in year one, and rental yield is 2.43% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 15.73% and total cumulative return in cash sums $56,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,225/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
4,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15211, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 2,770 (41.1%) |
| Renter Occupied HU | 3,155 (46.8%) |
| Vacant Housing Units | 819 (12.1%) |
| Median Home Value | $247,928 |
| Average Home Value | $313,171 |
Housing Distribution
Address Breakdown
Residential
5,988
Single Family
4,920
Multi-Family
1,068
Businesses
162
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Listed by: David Onufer • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1731624