350 Oliver Ave #1005PittsburghPA15222
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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 350 Oliver Ave #1005, Pittsburgh, PA, 15222 listed at $564,000 pairs $2,275/mo rent with a $2,761/mo payment. Total monthly income runs $2,275/mo. Return on cash invested measures 10.88% in year one, and rental yield registers 4.84% at a $564,000 basis. Equity gained on principal adds $3,639/yr, and annual property appreciation at 5% supports $155,823 by year five. Five-year ROI tracks 54.85% and total cumulative return in cash totals $101,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,275/mo property income relative to a $2,761/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
257.00 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15222, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,465 (100%) |
| Owner Occupied HU | 531 ( 9.7%) |
| Renter Occupied HU | 4,038 (73.9%) |
| Vacant Housing Units | 896 (16.4%) |
| Median Home Value | $519,737 |
| Average Home Value | $511,116 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
264
Multi-Family
4,895
Businesses
2,116
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Listed by: Denise Bortolotti • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1725365