428 Parker StPittsburghPA15209
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 428 Parker St, Pittsburgh, PA, 15209 priced at $375,000 pairs $1,314/mo rent with after a $1,835/mo payment. Total monthly income equals $1,314/mo. Return on cash invested is 8.88% in year one, and rental yield stands at 4.2% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 44.19% and total cumulative return in cash reaches $54,939. For financing, Ziffy Mortgage’s DSCR program evaluates $1,314/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1957
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15209, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,769 (100%) |
| Owner Occupied HU | 3,696 (64.1%) |
| Renter Occupied HU | 1,532 (26.6%) |
| Vacant Housing Units | 541 ( 9.4%) |
| Median Home Value | $239,021 |
| Average Home Value | $275,865 |
Housing Distribution
Address Breakdown
Residential
5,613
Single Family
5,318
Multi-Family
295
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael McAndrews • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1733355