491 Cherry CtPittsburghPA15237
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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 491 Cherry Ct, Pittsburgh, PA, 15237 listed at $254,999 pairs $1,721/mo rent with a $1,248/mo payment to leave $50/mo cash flow. Total monthly income runs $1,721/mo, and annual cash flow reaches $602/yr on $84,532 cash to close. Return on cash invested measures 20.62% in year one, and rental yield registers 8.1% at a $254,999 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 107.19% and total cumulative return in cash totals $90,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,721/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
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Listed by: Lorraine Easton • RE/MAX REAL ESTATE SOLUTIONS
Mls Name: WPMLS
Mls ID: #1729373