61 Sycamore StPittsburghPA15223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 61 Sycamore St, Pittsburgh, PA, 15223 offers $1,524/mo rent that, after a $709/mo payment, leaves $575/mo cash flow. Total monthly income is $1,524/mo, and annual cash flow is $6,896/yr on $48,034 cash. Return on cash invested measures 34.27% in year one, and rental yield stands at 12.62% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 180.35% and total cumulative return in cash reaches $86,629. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,524/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
2,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15223, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,763 (100%) |
| Owner Occupied HU | 2,278 (60.5%) |
| Renter Occupied HU | 1,106 (29.4%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $220,431 |
| Average Home Value | $256,923 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
3,235
Multi-Family
228
Businesses
268
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Listed by: Ali Budak • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1714218