253 Morrison DrPittsburghPA15216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 253 Morrison Dr, Pittsburgh, PA, 15216 with 5% annual appreciation on a $950,000 basis while $4,840/mo rent supports operations. 74% in year one. Equity gained on principal adds $6,130/yr, and five-year appreciation sums $262,467 alongside rental yield of 6.11%. Five-year ROI measures 75.57% and total cumulative return in cash totals $236,210. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,840/mo property income versus a $4,650/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
7,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Kelly • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1713188