2930 Elroy AvePittsburghPA15227
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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 2930 Elroy Ave, Pittsburgh, PA, 15227 uses $66,267 cash to close to unlock $5,652/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $2,092/mo, and a $978/mo payment keeps the spread at $471/mo. Purchase price stands at $199,900, and rental yield measures 12.56% with $2,092/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 151.08% and total cumulative return in cash records $100,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,092/mo property income covering a $978/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15227, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,462 (100%) |
| Owner Occupied HU | 8,539 (63.4%) |
| Renter Occupied HU | 3,899 (29.0%) |
| Vacant Housing Units | 1,024 ( 7.6%) |
| Median Home Value | $213,031 |
| Average Home Value | $254,568 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
11,653
Multi-Family
1,580
Businesses
535
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Listed by: Gina Rowlands • ARTMAN B.C. & COMPANY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1692307
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.