5841 Morrowfield Ave APT 206PittsburghPA15217
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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 5841 Morrowfield Ave APT 206, Pittsburgh, PA, 15217 generates $1,300/mo in rent and, after a $580/mo payment, leaves $364/mo in cash flow. Total monthly income is $1,300/mo, and annual cash flow is $4,374/yr on $39,283 invested. Return on cash invested sits at 31.04% in year one, and rental yield is 13.16% on a $118,500 entry. Equity gained on principal adds $765/yr, while 5% annual appreciation builds toward $32,739 over five years. Five-year ROI reaches 164.88% and total cumulative return in cash sums $64,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,300/mo property income rather than buyer’s personal income.
Condo
Built in 1975
287.50 sqft lot
$N/A/sqft
$159 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
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Listed by: Shane Smith • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1688595
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.