420 N Chestnut St APT 302PittsburghPA15202
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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 420 N Chestnut St APT 302, Pittsburgh, PA, 15202 generates $1,065/mo in rent and, after a $661/mo payment, leaves $180/mo in cash flow. Total monthly income is $1,065/mo, and annual cash flow is $2,161/yr on $44,753 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.47% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash sums $57,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,065/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15202, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,498 (100%) |
| Owner Occupied HU | 4,845 (46.2%) |
| Renter Occupied HU | 4,763 (45.4%) |
| Vacant Housing Units | 890 ( 8.5%) |
| Median Home Value | $245,407 |
| Average Home Value | $324,347 |
Housing Distribution
Address Breakdown
Residential
10,073
Single Family
7,342
Multi-Family
2,731
Businesses
485
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Listed by: Erin Berg • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1727526