2545 Penn Ave UNIT 504PittsburghPA15222
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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
Total monthly income runs $3,700/mo, and a $3,035/mo payment. Purchase price stands at $620,000, and rental yield measures 7.16% with $3,700/mo rent. Return on cash invested shows 12.85% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 67.26% and total cumulative return in cash records $137,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,700/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$496 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15222, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,465 (100%) |
| Owner Occupied HU | 531 ( 9.7%) |
| Renter Occupied HU | 4,038 (73.9%) |
| Vacant Housing Units | 896 (16.4%) |
| Median Home Value | $519,737 |
| Average Home Value | $511,116 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
264
Multi-Family
4,895
Businesses
2,116
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Listed by: Michael Reed • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1721073
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.