405 Butler StPittsburghPA15223
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 405 Butler St, Pittsburgh, PA, 15223 offers $1,678/mo rent that, after a $1,957/mo payment. Total monthly income is $1,678/mo. Return on cash invested measures 11.38% in year one, and rental yield stands at 5.04% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 57.59% and total cumulative return in cash reaches $76,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,678/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15223, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,763 (100%) |
| Owner Occupied HU | 2,278 (60.5%) |
| Renter Occupied HU | 1,106 (29.4%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $220,431 |
| Average Home Value | $256,923 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
3,235
Multi-Family
228
Businesses
268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Strohm • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1715617