3437 Parkview AvePittsburghPA15213
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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 3437 Parkview Ave, Pittsburgh, PA, 15213 offers a 7.97% rental yield on a $598,900 purchase with $3,979/mo rent. Total monthly income registers $3,979/mo, and a $2,931/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $658/yr on $197,038 to close, and return on cash invested stands at 20.39% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,465 over five years. Portfolio math shows five-year ROI at 105.89% and total cumulative return in cash at $208,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,979/mo property income against a $2,931/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15213, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,203 (100%) |
| Owner Occupied HU | 2,412 (19.8%) |
| Renter Occupied HU | 8,224 (67.4%) |
| Vacant Housing Units | 1,567 (12.8%) |
| Median Home Value | $333,410 |
| Average Home Value | $466,868 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
4,413
Multi-Family
8,075
Businesses
806
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Listed by: Hedy Krenn • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1726544