3412 Lockridge RdPittsburghPA15234
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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 3412 Lockridge Rd, Pittsburgh, PA, 15234 offers a 11.14% rental yield on a $274,900 purchase with $2,551/mo rent. Total monthly income registers $2,551/mo, and a $1,346/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $9,002/yr on $91,129 to close, and return on cash invested stands at 29.79% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 156.32% and total cumulative return in cash at $142,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,551/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
8,333 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15234, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 4,596 (63.9%) |
| Renter Occupied HU | 2,101 (29.2%) |
| Vacant Housing Units | 496 ( 6.9%) |
| Median Home Value | $223,800 |
| Average Home Value | $292,377 |
Housing Distribution
Address Breakdown
Residential
7,147
Single Family
5,728
Multi-Family
1,419
Businesses
697
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