609 West St APT 5PittsburghPA15221
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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 609 West St APT 5, Pittsburgh, PA, 15221 offers a 9.36% rental yield on a $129,000 purchase with $1,006/mo rent. Total monthly income registers $1,006/mo, and a $631/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,933/yr on $42,764 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 127.65% and total cumulative return in cash at $54,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,006/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
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Listed by: Jesse Wig • LIFESPACE REAL ESTATE
Mls Name: WPMLS
Mls ID: #1716093