2928 Fernwald RdPittsburghPA15217
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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 2928 Fernwald Rd, Pittsburgh, PA, 15217 generates $3,142/mo in rent, after a $2,883/mo payment. Total monthly income is $3,142/mo. Return on cash invested sits at 15.62% in year one, and rental yield is 6.4% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 80.29% and total cumulative return in cash sums $155,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,142/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
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Listed by: Aida Agovic-Corna • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1715693
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.