301 Lorenz AvePittsburghPA15220
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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 301 Lorenz Ave, Pittsburgh, PA, 15220 priced at $150,000 converts $1,504/mo rent into $521/mo cash flow after a $734/mo obligation. Total monthly income equals $1,504/mo, and annual cash flow totals $6,255/yr on $49,725 invested. Return on cash invested prints 32.49% in year one, and rental yield reads 12.03% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 170.87% and total cumulative return in cash sums $84,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,504/mo property income covering a $734/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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Listed by: Michael Lingg • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1726802