4601 5th Ave APT 623OaklandPA15213
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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 Oakland at 4601 5th Ave APT 623, Oakland, PA, 15213 generates $1,403/mo in rent and, after a $881/mo payment, leaves $224/mo in cash flow. Total monthly income is $1,403/mo, and annual cash flow is $2,682/yr on $59,670 invested. Return on cash invested sits at 24.4% in year one, and rental yield is 9.35% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $76,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,403/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: 15213, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,203 (100%) |
| Owner Occupied HU | 2,412 (19.8%) |
| Renter Occupied HU | 8,224 (67.4%) |
| Vacant Housing Units | 1,567 (12.8%) |
| Median Home Value | $333,410 |
| Average Home Value | $466,868 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
4,413
Multi-Family
8,075
Businesses
806
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Listed by: Catherine McConnell • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1721251