302 38th StPittsburghPA15201
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 302 38th St, Pittsburgh, PA, 15201 uses $54,698 cash to close to unlock $2,428/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,284/mo, and a $808/mo payment keeps the spread at $202/mo. Purchase price stands at $165,000, and rental yield measures 9.34% with $1,284/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 127.18% and total cumulative return in cash records $69,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,284/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1890
479.16 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15201, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,276 (100%) |
| Owner Occupied HU | 3,598 (43.5%) |
| Renter Occupied HU | 3,731 (45.1%) |
| Vacant Housing Units | 947 (11.4%) |
| Median Home Value | $342,541 |
| Average Home Value | $391,736 |
Housing Distribution
Address Breakdown
Residential
7,654
Single Family
6,426
Multi-Family
1,228
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Madia • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1710001