2890 E May StPittsburghPA15234
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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 2890 E May St, Pittsburgh, PA, 15234 uses $109,064 cash to close to unlock $5,669/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $2,628/mo, and a $1,610/mo payment keeps the spread at $472/mo. Purchase price stands at $329,000, and rental yield measures 9.59% with $2,628/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash records $143,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,628/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15234, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 4,596 (63.9%) |
| Renter Occupied HU | 2,101 (29.2%) |
| Vacant Housing Units | 496 ( 6.9%) |
| Median Home Value | $223,800 |
| Average Home Value | $292,377 |
Housing Distribution
Address Breakdown
Residential
7,147
Single Family
5,728
Multi-Family
1,419
Businesses
697
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Listed by: Jordan Jones • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1714815