3031 Josephine St SPittsburghPA15203
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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 3031 Josephine St S, Pittsburgh, PA, 15203 uses $44,753 cash to close to unlock $1,873/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,041/mo, and a $661/mo payment keeps the spread at $156/mo. Purchase price stands at $135,000, and rental yield measures 9.25% with $1,041/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 125.87% and total cumulative return in cash records $56,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,041/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1880
2,256 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15203, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,661 (100%) |
| Owner Occupied HU | 1,962 (25.6%) |
| Renter Occupied HU | 4,378 (57.1%) |
| Vacant Housing Units | 1,321 (17.2%) |
| Median Home Value | $340,796 |
| Average Home Value | $358,338 |
Housing Distribution
Address Breakdown
Residential
6,424
Single Family
4,850
Multi-Family
1,574
Businesses
797
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Listed by: Jessica Bortz • COLDWELL BANKER LAUREL RIDGE REALTY
Mls Name: WPMLS
Mls ID: #1730922