505 Herron AvePittsburghPA15219
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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 505 Herron Ave, Pittsburgh, PA, 15219 earns from $1,387/mo rent with a $1,072/mo payment. Total monthly income totals $1,387/mo. ROI tracks 19.11% on current figures, and rental yield reads 7.6% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 99.07% and total cumulative return in cash sums $71,925. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,387/mo property income instead of your personal income.
Single Family
Built in 1920
1,838 sqft 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: Pollyn Chang • RE/MAX REALTY BROKERS
Mls Name: WPMLS
Mls ID: #1734963