3505 Simen AvePittsburghPA15212
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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 3505 Simen Ave, Pittsburgh, PA, 15212 offers a 9.29% rental yield on a $159,999 purchase with $1,239/mo rent. Total monthly income registers $1,239/mo, and a $783/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,288/yr on $53,040 to close, and return on cash invested stands at 24.22% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 126.47% and total cumulative return in cash at $67,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,239/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15212, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,745 (100%) |
| Owner Occupied HU | 6,535 (41.5%) |
| Renter Occupied HU | 6,797 (43.2%) |
| Vacant Housing Units | 2,413 (15.3%) |
| Median Home Value | $212,884 |
| Average Home Value | $259,418 |
Housing Distribution
Address Breakdown
Residential
14,175
Single Family
10,909
Multi-Family
3,266
Businesses
889
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Listed by: Daniel Demers • SELL YOUR HOME SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1711907
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.