2615 Belmar 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 2615 Belmar Pl, Pittsburgh, PA, 15218 generates $991/mo in rent and, after a $634/mo payment, leaves $131/mo in cash flow. Total monthly income is $991/mo, and annual cash flow is $1,572/yr on $42,929 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 9.18% on a $129,500 entry. Equity gained on principal adds $836/yr, while 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 123.22% and total cumulative return in cash sums $52,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $991/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2,700 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: Terrence Stevenson • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694062
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.