624 N Negley AvePittsburghPA15206
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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 624 N Negley Ave, Pittsburgh, PA, 15206 priced at $620,000 pairs $2,311/mo rent with after a $3,035/mo payment. Total monthly income equals $2,311/mo. Return on cash invested is 9.75% in year one, and rental yield stands at 4.47% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. Five-year ROI measures 48.82% and total cumulative return in cash reaches $99,591. For financing, Ziffy Mortgage’s DSCR program evaluates $2,311/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
9,273 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
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Listed by: Uche Evangeline Onwugbenu • KELLER WILLIAMS EXCLUSIVE
Mls Name: WPMLS
Mls ID: #1719448