349 Avenue EPittsburghPA15221
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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 349 Avenue E, Pittsburgh, PA, 15221 with 5% annual appreciation on a $169,900 basis while $1,692/mo rent supports operations. Total monthly income totals $1,692/mo and a $832/mo payment preserves $578/mo for cash returns. Annual cash flow comes to $6,939/yr on $56,322 deployed, and return on cash invested reaches 32.23% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 11.95%. Five-year ROI measures 169.47% and total cumulative return in cash totals $95,450.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,692/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
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Listed by: John Rettger • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706463
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.