6315 Alderson StPittsburghPA15217
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 6315 Alderson St, Pittsburgh, PA, 15217 priced at $475,000 converts $2,648/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,648/mo. Return on cash invested prints 16.37% in year one, and rental yield reads 6.69% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 84.35% and total cumulative return in cash sums $132,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,648/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1925
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Dorn • RE/MAX REALTY BROKERS
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697357
Disclaimer: IDX 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.