621 Lorenz AvePittsburghPA15220
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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 621 Lorenz Ave, Pittsburgh, PA, 15220 earns $2,209/mo cash flow from $3,408/mo rent with a $896/mo payment. Total monthly income totals $3,408/mo, and annual cash flow totals $26,502/yr on $60,665 capital. ROI tracks 63.6% on current figures, and rental yield reads 22.35% at a $183,000 purchase. Equity gained on principal adds $1,181/yr, and 5% annual appreciation supports $50,560 over five years. Five-year ROI reaches 337.64% and total cumulative return in cash sums $204,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,408/mo property income instead of your personal income.
Single Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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Listed by: Michael Wicker • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1675741
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.