302 Wainwright 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
Rental property for sale in Pittsburgh at 302 Wainwright Ave, Pittsburgh, PA, 15227 offers $1,390/mo rent that, after a $809/mo payment, leaves $307/mo cash flow. Total monthly income is $1,390/mo, and annual cash flow is $3,685/yr on $54,764 cash. Return on cash invested measures 26.64% in year one, and rental yield stands at 10.1% at a $165,200 entry. Equity gained on principal adds $1,066/yr while 5% annual appreciation compounds into $45,642 by year five. Five-year ROI records 139.5% and total cumulative return in cash reaches $76,394. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,390/mo property income versus a $809/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
4,356 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: Manorath Katel • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1691297