649 Singer PlPittsburghPA15221
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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 649 Singer Pl, Pittsburgh, PA, 15221 priced at $175,000 converts $1,323/mo rent into $176/mo cash flow after a $857/mo obligation. Total monthly income equals $1,323/mo, and annual cash flow totals $2,109/yr on $58,013 invested. Return on cash invested prints 23.55% in year one, and rental yield reads 9.07% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 122.82% and total cumulative return in cash sums $71,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,323/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
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Listed by: Taneia Smith • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1727026