520 Washington Rd APT 501PittsburghPA15228
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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 520 Washington Rd APT 501, Pittsburgh, PA, 15228 uses $45,250 cash to close to unlock $2,408/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,095/mo, and a $668/mo payment keeps the spread at $201/mo. Purchase price stands at $136,500, and rental yield measures 9.63% with $1,095/mo rent. Return on cash invested shows 25.23% in year one, and 5% annual appreciation builds toward $37,712 over five years. Five-year ROI reaches 131.89% and total cumulative return in cash records $59,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,095/mo property income covering a $668/mo payment rather than investor’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: Donna Wetzel-Felice • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1723361