261 Cedar BlvdPittsburghPA15228
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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 261 Cedar Blvd, Pittsburgh, PA, 15228 with 5% annual appreciation on a $340,000 basis while $2,694/mo rent supports operations. Total monthly income totals $2,694/mo and a $1,664/mo payment preserves $287/mo for cash returns. Annual cash flow comes to $3,442/yr on $112,710 deployed, and return on cash invested reaches 22.96% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 9.51%. Five-year ROI measures 120.38% and total cumulative return in cash totals $135,678.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,694/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1933
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15228, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,975 (63.5%) |
| Renter Occupied HU | 2,335 (29.8%) |
| Vacant Housing Units | 520 ( 6.6%) |
| Median Home Value | $421,264 |
| Average Home Value | $476,721 |
Housing Distribution
Address Breakdown
Residential
7,666
Single Family
5,816
Multi-Family
1,850
Businesses
434
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Listed by: Melissa Shipley • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1698860
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.