3016 Norwood AvePittsburghPA15214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3016 Norwood Ave, Pittsburgh, PA, 15214 earns $582/mo cash flow from $2,058/mo rent with a $1,052/mo payment. Total monthly income totals $2,058/mo, and annual cash flow totals $6,981/yr on $71,273 capital. ROI tracks 29.7% on current figures, and rental yield reads 11.49% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 156.28% and total cumulative return in cash sums $111,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,058/mo property income instead of your personal income.
Single Family
Built in 1955
3,772 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15214, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,767 (100%) |
| Owner Occupied HU | 3,618 (53.5%) |
| Renter Occupied HU | 2,304 (34.0%) |
| Vacant Housing Units | 845 (12.5%) |
| Median Home Value | $220,257 |
| Average Home Value | $258,647 |
Housing Distribution
Address Breakdown
Residential
6,599
Single Family
6,175
Multi-Family
424
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Porter • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1691782
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.