403 Forest Highlands DrPittsburghPA15238
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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 403 Forest Highlands Dr, Pittsburgh, PA, 15238 generates $3,047/mo in rent and, after a $1,591/mo payment, leaves $917/mo in cash flow. Total monthly income is $3,047/mo, and annual cash flow is $11,004/yr on $107,738 invested. Return on cash invested sits at 30.12% in year one, and rental yield is 11.25% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 158.14% and total cumulative return in cash sums $170,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,047/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15238, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,143 (100%) |
| Owner Occupied HU | 4,316 (70.3%) |
| Renter Occupied HU | 1,273 (20.7%) |
| Vacant Housing Units | 554 ( 9.0%) |
| Median Home Value | $533,359 |
| Average Home Value | $608,543 |
Housing Distribution
Address Breakdown
Residential
6,039
Single Family
5,389
Multi-Family
650
Businesses
953
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Listed by: Trudy Ward • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1715332