376 W Penn PlPittsburghPA15224
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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 376 W Penn Pl, Pittsburgh, PA, 15224 priced at $589,000 converts $3,194/mo rent into after a $2,883/mo obligation. Total monthly income equals $3,194/mo. Return on cash invested prints 15.94% in year one, and rental yield reads 6.51% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 82% and total cumulative return in cash sums $158,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,194/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Single Family
Built in 1926
2,696 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
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Listed by: Jodi Drexler • KEFALOS & ASSOC R. E.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701259
Disclaimer: IDX 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.