345 Johnston AvePittsburghPA15207
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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 345 Johnston Ave, Pittsburgh, PA, 15207 priced at $240,000 converts $2,150/mo rent into $577/mo cash flow after a $1,175/mo obligation. Total monthly income equals $2,150/mo, and annual cash flow totals $6,924/yr on $79,560 invested. Return on cash invested prints 28.61% in year one, and rental yield reads 10.75% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 149.97% and total cumulative return in cash sums $119,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,150/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1932
4,669 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15207, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,665 (100%) |
| Owner Occupied HU | 3,115 (55.0%) |
| Renter Occupied HU | 1,711 (30.2%) |
| Vacant Housing Units | 839 (14.8%) |
| Median Home Value | $179,303 |
| Average Home Value | $225,490 |
Housing Distribution
Address Breakdown
Residential
5,042
Single Family
4,674
Multi-Family
368
Businesses
190
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Listed by: Rohma Umar • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1725223