329 Glaser Ave APT CPittsburghPA15202
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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 329 Glaser Ave APT C, Pittsburgh, PA, 15202 uses $59,670 cash to close to unlock $558/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $881/mo payment keeps the spread at $47/mo. Purchase price stands at $180,000, and rental yield measures 8.17% with $1,226/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 108.36% and total cumulative return in cash records $64,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 2005
622.91 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15202, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,498 (100%) |
| Owner Occupied HU | 4,845 (46.2%) |
| Renter Occupied HU | 4,763 (45.4%) |
| Vacant Housing Units | 890 ( 8.5%) |
| Median Home Value | $245,407 |
| Average Home Value | $324,347 |
Housing Distribution
Address Breakdown
Residential
10,073
Single Family
7,342
Multi-Family
2,731
Businesses
485
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Listed by: Alexandra Covelli • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1735799