429 1st Ave APT 3PittsburghPA15219
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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 429 1st Ave APT 3, Pittsburgh, PA, 15219 listed at $454,000 pairs $1,486/mo rent with a $2,222/mo payment. Total monthly income runs $1,486/mo. Return on cash invested measures 8.04% in year one, and rental yield registers 3.93% at a $454,000 basis. Equity gained on principal adds $2,930/yr, and annual property appreciation at 5% supports $125,432 by year five. Five-year ROI tracks 39.68% and total cumulative return in cash totals $59,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,486/mo property income relative to a $2,222/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15219, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,699 (100%) |
| Owner Occupied HU | 1,502 (17.3%) |
| Renter Occupied HU | 5,856 (67.3%) |
| Vacant Housing Units | 1,341 (15.4%) |
| Median Home Value | $214,808 |
| Average Home Value | $294,680 |
Housing Distribution
Address Breakdown
Residential
7,414
Single Family
3,993
Multi-Family
3,421
Businesses
1,827
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Listed by: Pilar Meyer • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1718197