3224 Bookman 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 3224 Bookman Ave, Pittsburgh, PA, 15227 generates $1,446/mo in rent and, after a $1,028/mo payment, leaves $70/mo in cash flow. Total monthly income is $1,446/mo, and annual cash flow is $837/yr on $69,615 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 8.26% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 109.77% and total cumulative return in cash sums $76,420. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,446/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
3,175 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: Lexi Mayorova • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1719494