42 Cowan StPittsburghPA15211
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 42 Cowan St, Pittsburgh, PA, 15211 priced at $199,000 pairs $1,943/mo rent with $639/mo cash flow after a $974/mo payment. Total monthly income equals $1,943/mo, and annual cash flow comes to $7,668/yr on $65,969 invested. Return on cash invested is 31.53% in year one, and rental yield stands at 11.72% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 165.63% and total cumulative return in cash reaches $109,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,943/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
1,298 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel VanNosdeln • KELLER WILLIAMS EXCLUSIVE
Mls Name: WPMLS
Mls ID: #1737862