2509 Spring StPittsburghPA15210
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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 2509 Spring St, Pittsburgh, PA, 15210 uses $53,007 cash to close to unlock $2,134/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $783/mo payment keeps the spread at $178/mo. Purchase price stands at $159,900, and rental yield measures 9.2% with $1,226/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash records $66,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15210, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,575 (100%) |
| Owner Occupied HU | 5,634 (44.8%) |
| Renter Occupied HU | 5,103 (40.6%) |
| Vacant Housing Units | 1,838 (14.6%) |
| Median Home Value | $108,802 |
| Average Home Value | $180,017 |
Housing Distribution
Address Breakdown
Residential
10,779
Single Family
9,930
Multi-Family
849
Businesses
470
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Listed by: Richard Hopkinson • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1714636
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.