608 Berkshire AvePittsburghPA15226
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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 608 Berkshire Ave, Pittsburgh, PA, 15226 uses $91,163 cash to close to unlock $4,056/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,140/mo, and a $1,346/mo payment keeps the spread at $338/mo. Purchase price stands at $275,000, and rental yield measures 9.34% with $2,140/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 127.17% and total cumulative return in cash records $115,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,140/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1909
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15226, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 4,508 (66.5%) |
| Renter Occupied HU | 1,758 (25.9%) |
| Vacant Housing Units | 514 ( 7.6%) |
| Median Home Value | $205,512 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,968
Multi-Family
649
Businesses
323
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Listed by: Jennifer Solomon • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1711213