2908 Laketon RdPittsburghPA15235
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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 2908 Laketon Rd, Pittsburgh, PA, 15235 generates $3,647/mo in rent and, after a $622/mo payment, leaves $2,628/mo in cash flow. Total monthly income is $3,647/mo, and annual cash flow is $31,540/yr on $42,101 invested. Return on cash invested sits at 94.82% in year one, and rental yield is 34.46% on a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 507.06% and total cumulative return in cash sums $213,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,647/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15235, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,518 (100%) |
| Owner Occupied HU | 11,231 (68.0%) |
| Renter Occupied HU | 4,045 (24.5%) |
| Vacant Housing Units | 1,242 ( 7.5%) |
| Median Home Value | $165,506 |
| Average Home Value | $217,733 |
Housing Distribution
Address Breakdown
Residential
16,286
Single Family
14,780
Multi-Family
1,506
Businesses
1,018
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Listed by: Michael Pohlot • JANUS REALTY ADVISORS
Mls Name: WPMLS
Mls Provider:
Mls ID: #1703511
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.