604 Arden LnPittsburghPA15243
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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 604 Arden Ln, Pittsburgh, PA, 15243 priced at $660,000 pairs $2,011/mo rent with after a $3,230/mo payment. Total monthly income equals $2,011/mo. Return on cash invested is 7.27% in year one, and rental yield stands at 3.66% on a $660,000 basis. Equity gained on principal adds $4,259/yr, and 5% annual appreciation accumulates to $182,346 by year five. Five-year ROI measures 35.54% and total cumulative return in cash reaches $77,181. For financing, Ziffy Mortgage’s DSCR program evaluates $2,011/mo property income against a $3,230/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1951
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15243, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 4,799 (77.7%) |
| Renter Occupied HU | 1,006 (16.3%) |
| Vacant Housing Units | 370 ( 6.0%) |
| Median Home Value | $343,526 |
| Average Home Value | $395,977 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
4,894
Multi-Family
1,035
Businesses
142
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Listed by: Brad Templeton • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1738329