551 Sloop Rd APT 59PittsburghPA15237
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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 551 Sloop Rd APT 59, Pittsburgh, PA, 15237 generates $1,327/mo in rent, after a $812/mo payment. Total monthly income is $1,327/mo. Return on cash invested sits at 15.3% in year one, and rental yield is 9.6% on a $165,900 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 82.18% and total cumulative return in cash sums $45,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,327/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$451 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
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Listed by: Deborah Platts • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687053
Disclaimer: IDX 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.