516 Armandale StPittsburghPA15212
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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 Pittsburgh at 516 Armandale St, Pittsburgh, PA, 15212 priced at $244,900 converts $1,952/mo rent into $347/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,952/mo, and annual cash flow totals $4,163/yr on $81,184 invested. Return on cash invested prints 25.04% in year one, and rental yield reads 9.56% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 130.8% and total cumulative return in cash sums $106,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,952/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15212, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,745 (100%) |
| Owner Occupied HU | 6,535 (41.5%) |
| Renter Occupied HU | 6,797 (43.2%) |
| Vacant Housing Units | 2,413 (15.3%) |
| Median Home Value | $212,884 |
| Average Home Value | $259,418 |
Housing Distribution
Address Breakdown
Residential
14,175
Single Family
10,909
Multi-Family
3,266
Businesses
889
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Listed by: Karl Owens • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1724726