623 Lincoln AvePittsburghPA15206
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 623 Lincoln Ave, Pittsburgh, PA, 15206 offers $2,380/mo rent that, after a $4,601/mo payment. Total monthly income is $2,380/mo. Return on cash invested measures 5.39% in year one, and rental yield stands at 3.04% at a $940,000 entry. Equity gained on principal adds $6,066/yr while 5% annual appreciation compounds into $259,705 by year five. Five-year ROI records 25.46% and total cumulative return in cash reaches $78,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,380/mo property income versus a $4,601/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
7,540 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannine Dabecco • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1719720