2690 Locust DrPittsburghPA15241
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 2690 Locust Dr, Pittsburgh, PA, 15241 uses $118,677 cash to close to unlock $8,115/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $3,166/mo, and a $1,752/mo payment keeps the spread at $676/mo. Purchase price stands at $357,999, and rental yield measures 10.61% with $3,166/mo rent. Return on cash invested shows 26.75% in year one, and 5% annual appreciation builds toward $98,909 over five years. Five-year ROI reaches 140.53% and total cumulative return in cash records $166,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,166/mo property income covering a $1,752/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15241, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,077 (100%) |
| Owner Occupied HU | 7,263 (80.0%) |
| Renter Occupied HU | 1,175 (12.9%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $439,560 |
| Average Home Value | $493,591 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
7,508
Multi-Family
977
Businesses
866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Taylor • Jackson Realty Group
Mls Name: WPMLS
Mls Provider:
Mls ID: #1673228
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.