6112 Alder St APT A3PittsburghPA15206
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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 6112 Alder St APT A3, Pittsburgh, PA, 15206 generates $1,899/mo in rent, after a $2,154/mo payment. Total monthly income is $1,899/mo. Return on cash invested sits at 1.22% in year one, and rental yield is 5.18% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 6.94% and total cumulative return in cash sums $10,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,899/mo property income rather than buyer’s personal income.
Condo
Built in 1913
N/A lot
$N/A/sqft
$1,287 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15206, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 5,794 (34.5%) |
| Renter Occupied HU | 8,982 (53.5%) |
| Vacant Housing Units | 2,008 (12.0%) |
| Median Home Value | $365,536 |
| Average Home Value | $420,604 |
Housing Distribution
Address Breakdown
Residential
15,976
Single Family
10,356
Multi-Family
5,620
Businesses
1,036
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Listed by: Maureen States • NEIGHBORHOOD REALTY SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1699381
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.