3318 Spring Garden RdPittsburghPA15212
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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 3318 Spring Garden Rd, Pittsburgh, PA, 15212 uses $66,267 cash to close to unlock $2,382/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,508/mo, and a $978/mo payment keeps the spread at $199/mo. Purchase price stands at $199,900, and rental yield measures 9.05% with $1,508/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash records $81,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1870
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15212, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,745 (100%) |
| Owner Occupied HU | 6,535 (41.5%) |
| Renter Occupied HU | 6,797 (43.2%) |
| Vacant Housing Units | 2,413 (15.3%) |
| Median Home Value | $212,884 |
| Average Home Value | $259,418 |
Housing Distribution
Address Breakdown
Residential
14,175
Single Family
10,909
Multi-Family
3,266
Businesses
889
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Listed by: John Marzullo • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1731549