637 Ravencrest RdPittsburghPA15215
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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 637 Ravencrest Rd, Pittsburgh, PA, 15215 generates $3,298/mo in rent and, after a $2,393/mo payment, leaves $92/mo in cash flow. Total monthly income is $3,298/mo, and annual cash flow is $1,109/yr on $162,104 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 8.09% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 107% and total cumulative return in cash sums $173,458. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,298/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15215, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,994 (100%) |
| Owner Occupied HU | 3,692 (61.6%) |
| Renter Occupied HU | 1,743 (29.1%) |
| Vacant Housing Units | 559 ( 9.3%) |
| Median Home Value | $390,296 |
| Average Home Value | $474,957 |
Housing Distribution
Address Breakdown
Residential
5,650
Single Family
5,095
Multi-Family
555
Businesses
446
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Listed by: Beth Danchek • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1695482
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.