407 Clarence StPittsburghPA15211
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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
Investment property for sale in Pittsburgh at 407 Clarence St, Pittsburgh, PA, 15211 offers a 10.67% rental yield on a $169,000 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $827/mo payment leaves $395/mo available for distribution. Annual cash flow reaches $4,737/yr on $56,024 to close, and return on cash invested stands at 28.36% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 148.69% and total cumulative return in cash at $83,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
1,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15211, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 2,770 (41.1%) |
| Renter Occupied HU | 3,155 (46.8%) |
| Vacant Housing Units | 819 (12.1%) |
| Median Home Value | $247,928 |
| Average Home Value | $313,171 |
Housing Distribution
Address Breakdown
Residential
5,988
Single Family
4,920
Multi-Family
1,068
Businesses
162
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Listed by: Duane Palmieri • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls ID: #1726692