501 Farndale RdPittsburghPA15238
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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 501 Farndale Rd, Pittsburgh, PA, 15238 at $759,000 posts ROI 11.4% with from $3,721/mo rent. Total monthly income equals $3,721/mo. Return on cash invested measures 11.4% and rental yield reads 5.88% at the current $759,000. Equity gained on principal adds $4,898/yr, and 5% annual appreciation supports $209,698 by year five. Five-year ROI prints 58.61% and total cumulative return in cash totals $146,363. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,721/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2001
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15238, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,143 (100%) |
| Owner Occupied HU | 4,316 (70.3%) |
| Renter Occupied HU | 1,273 (20.7%) |
| Vacant Housing Units | 554 ( 9.0%) |
| Median Home Value | $533,359 |
| Average Home Value | $608,543 |
Housing Distribution
Address Breakdown
Residential
6,039
Single Family
5,389
Multi-Family
650
Businesses
953
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Listed by: Bobby West • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1659098
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.