2918 Gilmore AvePittsburghPA15235
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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 2918 Gilmore Ave, Pittsburgh, PA, 15235 uses $44,587 cash to close to unlock $7,200/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $1,481/mo, and a $658/mo payment keeps the spread at $600/mo. Purchase price stands at $134,500, and rental yield measures 13.21% with $1,481/mo rent. Return on cash invested shows 36.06% in year one, and 5% annual appreciation builds toward $37,160 over five years. Five-year ROI reaches 189.88% and total cumulative return in cash records $84,660. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,481/mo property income covering a $658/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,311 sqft 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: Roy Rudl • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1651202
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.