2509 Farkas PlPittsburghPA15218
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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 2509 Farkas Pl, Pittsburgh, PA, 15218 priced at $189,900 converts $1,354/mo rent into $110/mo cash flow after a $929/mo obligation. Total monthly income equals $1,354/mo, and annual cash flow totals $1,321/yr on $62,952 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 8.56% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 114.63% and total cumulative return in cash sums $72,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,354/mo property income covering a $929/mo payment, not borrower’s personal income.
Multi Family
Built in 1961
3,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15218, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,286 (100%) |
| Owner Occupied HU | 3,705 (50.9%) |
| Renter Occupied HU | 2,854 (39.2%) |
| Vacant Housing Units | 727 ( 10.0%) |
| Median Home Value | $283,784 |
| Average Home Value | $334,194 |
Housing Distribution
Address Breakdown
Residential
6,992
Single Family
5,800
Multi-Family
1,192
Businesses
422
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Listed by: Myles Mazzanti • MILESTONE REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1651773
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.