577 Surfside DrPittsburghPA15239
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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 577 Surfside Dr, Pittsburgh, PA, 15239 priced at $264,900 converts $2,302/mo rent into $566/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,302/mo, and annual cash flow totals $6,788/yr on $87,814 invested. Return on cash invested prints 27.64% in year one, and rental yield reads 10.43% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 144.79% and total cumulative return in cash sums $127,148. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,302/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15239, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,959 (100%) |
| Owner Occupied HU | 6,825 (76.2%) |
| Renter Occupied HU | 1,645 (18.4%) |
| Vacant Housing Units | 489 ( 5.5%) |
| Median Home Value | $246,967 |
| Average Home Value | $329,994 |
Housing Distribution
Address Breakdown
Residential
8,870
Single Family
8,620
Multi-Family
250
Businesses
519
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Listed by: Annette Ganassi • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1697421