355 Cedarville StPittsburghPA15224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 355 Cedarville St, Pittsburgh, PA, 15224 priced at $325,000 converts $2,358/mo rent into $228/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,358/mo, and annual cash flow totals $2,736/yr on $107,738 invested. Return on cash invested prints 22.45% in year one, and rental yield reads 8.71% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 116.99% and total cumulative return in cash sums $126,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,358/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15224, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,940 (31.5%) |
| Renter Occupied HU | 3,508 (57.0%) |
| Vacant Housing Units | 708 (11.5%) |
| Median Home Value | $307,487 |
| Average Home Value | $364,642 |
Housing Distribution
Address Breakdown
Residential
5,639
Single Family
4,316
Multi-Family
1,323
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cass Zielinski • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls ID: #1721456