420 N Chestnut StPittsburghPA15202
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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 420 N Chestnut St, Pittsburgh, PA, 15202 uses $44,719 cash to close to unlock $2,235/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $660/mo payment keeps the spread at $186/mo. Purchase price stands at $134,900, and rental yield measures 9.52% with $1,070/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 130.18% and total cumulative return in cash records $58,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $660/mo payment rather than investor’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: Mary Scafede • The Preferred Realty
Mls Name: BHHS broker feed
Mls ID: #1739094