395 40th 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
Investment property for sale in Pittsburgh at 395 40th St, Pittsburgh, PA, 15224 uses $65,969 cash to close to unlock $3,000/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $974/mo payment keeps the spread at $250/mo. Purchase price stands at $199,000, and rental yield measures 9.37% with $1,554/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 127.69% and total cumulative return in cash records $84,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1910
1,511 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: Carley Young • REALTY CO LLC
Mls Name: WPMLS
Mls ID: #1734986