506 Tingley AvePittsburghPA15202
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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 506 Tingley Ave, Pittsburgh, PA, 15202 uses $102,765 cash to close to unlock $14,627/yr annual cash flow and $1,219/mo monthly cash flow. Total monthly income runs $3,250/mo, and a $1,517/mo payment keeps the spread at $1,219/mo. Purchase price stands at $310,000, and rental yield measures 12.58% with $3,250/mo rent. Return on cash invested shows 34.14% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 179.62% and total cumulative return in cash records $184,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,250/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1901
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15202, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,498 (100%) |
| Owner Occupied HU | 4,845 (46.2%) |
| Renter Occupied HU | 4,763 (45.4%) |
| Vacant Housing Units | 890 ( 8.5%) |
| Median Home Value | $245,407 |
| Average Home Value | $324,347 |
Housing Distribution
Address Breakdown
Residential
10,073
Single Family
7,342
Multi-Family
2,731
Businesses
485
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Listed by: Teresa Gadberry • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1666617
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.