518 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
Rental property for sale in Pittsburgh at 518 Farndale Rd, Pittsburgh, PA, 15238 generates $4,268/mo in rent, after a $3,426/mo payment. Total monthly income is $4,268/mo. Return on cash invested sits at 18.4% in year one, and rental yield is 7.32% on a $699,950 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,383 over five years. Five-year ROI reaches 95.2% and total cumulative return in cash sums $219,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,268/mo property income rather than buyer’s personal income.
Condo
Built in 2004
1,968 sqft lot
$N/A/sqft
No 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: Katarzyna Sharbaugh • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1736213