520 Washington Rd APT 301PittsburghPA15228
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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 520 Washington Rd APT 301, Pittsburgh, PA, 15228 generates $916/mo in rent and, after a $597/mo payment, leaves $117/mo in cash flow. Total monthly income is $916/mo, and annual cash flow is $1,400/yr on $40,443 invested. Return on cash invested sits at 23.37% in year one, and rental yield is 9.01% on a $121,999 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash sums $49,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $916/mo property income rather than buyer’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15228, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,975 (63.5%) |
| Renter Occupied HU | 2,335 (29.8%) |
| Vacant Housing Units | 520 ( 6.6%) |
| Median Home Value | $421,264 |
| Average Home Value | $476,721 |
Housing Distribution
Address Breakdown
Residential
7,666
Single Family
5,816
Multi-Family
1,850
Businesses
434
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Listed by: Sharon Ritchey • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1732889