305 Butternut CtPittsburghPA15238
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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 305 Butternut Ct, Pittsburgh, PA, 15238 priced at $515,000 converts $3,641/mo rent into $266/mo cash flow after a $2,521/mo obligation. Total monthly income equals $3,641/mo, and annual cash flow totals $3,192/yr on $169,435 invested. Return on cash invested prints 21.94% in year one, and rental yield reads 8.48% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 114.19% and total cumulative return in cash sums $193,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,641/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Townhouse
Built in 1981
2,330 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15238, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,143 (100%) |
| Owner Occupied HU | 4,316 (70.3%) |
| Renter Occupied HU | 1,273 (20.7%) |
| Vacant Housing Units | 554 ( 9.0%) |
| Median Home Value | $533,359 |
| Average Home Value | $608,543 |
Housing Distribution
Address Breakdown
Residential
6,039
Single Family
5,389
Multi-Family
650
Businesses
953
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Listed by: Suzanne Spears • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls ID: #1725122