2916 Merwyn AvePittsburghPA15204
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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 2916 Merwyn Ave, Pittsburgh, PA, 15204 uses $42,764 cash to close to unlock $2,137/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,023/mo, and a $631/mo payment keeps the spread at $178/mo. Purchase price stands at $129,000, and rental yield measures 9.52% with $1,023/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 130.23% and total cumulative return in cash records $55,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,023/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15204, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,773 (100%) |
| Owner Occupied HU | 2,104 (55.8%) |
| Renter Occupied HU | 1,184 (31.4%) |
| Vacant Housing Units | 485 (12.9%) |
| Median Home Value | $112,851 |
| Average Home Value | $164,861 |
Housing Distribution
Address Breakdown
Residential
3,549
Single Family
3,414
Multi-Family
135
Businesses
111
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Listed by: Michele Miller • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1725415