2400 Leticoe St SPittsburghPA15203
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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
Investment property for sale in Pittsburgh at 2400 Leticoe St S, Pittsburgh, PA, 15203 uses $105,417 cash to close to unlock $1,640/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,556/mo payment keeps the spread at $137/mo. Purchase price stands at $318,000, and rental yield measures 8.38% with $2,220/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $87,858 over five years. Five-year ROI reaches 111.67% and total cumulative return in cash records $117,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,556/mo payment rather than investor’s personal income.
Single Family
Built in 1895
1,559 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15203, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,661 (100%) |
| Owner Occupied HU | 1,962 (25.6%) |
| Renter Occupied HU | 4,378 (57.1%) |
| Vacant Housing Units | 1,321 (17.2%) |
| Median Home Value | $340,796 |
| Average Home Value | $358,338 |
Housing Distribution
Address Breakdown
Residential
6,424
Single Family
4,850
Multi-Family
1,574
Businesses
797
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Listed by: Heather Mader • REDFIN CORPORATION
Mls Name: WPMLS
Mls ID: #1736327