264 Elm CtPittsburghPA15237
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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 264 Elm Ct, Pittsburgh, PA, 15237 priced at $220,000 pairs $1,511/mo rent with $69/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,511/mo, and annual cash flow comes to $830/yr on $72,930 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 8.24% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 109.48% and total cumulative return in cash reaches $79,847. For financing, Ziffy Mortgage’s DSCR program evaluates $1,511/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
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Listed by: T. Richard Parobeck • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1730271