6861 Penn AvePittsburghPA15208
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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
Investment property for sale in Pittsburgh at 6861 Penn Ave, Pittsburgh, PA, 15208 at $450,000 posts ROI 22.76% with $355/mo cash flow from $3,304/mo rent. Total monthly income equals $3,304/mo, and annual cash flow records $4,257/yr on $149,175 to close. Return on cash invested measures 22.76% and rental yield reads 8.81% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 118.62% and total cumulative return in cash totals $176,946.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,304/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
6,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15208, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 2,063 (39.1%) |
| Renter Occupied HU | 2,259 (42.9%) |
| Vacant Housing Units | 949 (18.0%) |
| Median Home Value | $351,141 |
| Average Home Value | $405,001 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,074
Multi-Family
747
Businesses
257
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Listed by: Maria DePasquale • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1667374
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.