31 Demmer AvePittsburghPA15221
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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 31 Demmer Ave, Pittsburgh, PA, 15221 with 5% annual appreciation on a $175,000 basis while $1,496/mo rent supports operations. Total monthly income totals $1,496/mo and a $857/mo payment preserves $349/mo for cash returns. Annual cash flow comes to $4,185/yr on $58,013 deployed, and return on cash invested reaches 27.12% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 10.26%. Five-year ROI measures 142.04% and total cumulative return in cash totals $82,399.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,496/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
2,417 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
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Listed by: Michael Ricciuti • BROADVIEW REALTY
Mls Name: WPMLS
Mls ID: #1715964