2897 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 2897 E May St, Pittsburgh, PA, 15234 uses $110,721 cash to close to unlock $2,632/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $2,976/mo, and a $1,635/mo payment keeps the spread at $219/mo. Purchase price stands at $334,000, and rental yield measures 10.69% with $2,976/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $92,278 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash records $131,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,976/mo property income covering a $1,635/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
2,178 sqft lot
$N/A/sqft
$150 monthly 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: Darla Jobkar • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1724948
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.