550 Forest Ave #552PittsburghPA15202
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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 550 Forest Ave #552, Pittsburgh, PA, 15202 listed at $285,000 pairs $1,561/mo rent with a $1,395/mo payment. Total monthly income runs $1,561/mo. Return on cash invested measures 15.08% in year one, and rental yield registers 6.57% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 77.77% and total cumulative return in cash totals $73,470. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,561/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
6,973 sqft 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: Kayla Higham • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706625
Disclaimer: Listing 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.