6938 Bishop StPittsburghPA15206
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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 6938 Bishop St, Pittsburgh, PA, 15206 generates $2,238/mo in rent and, after a $1,640/mo payment, leaves $42/mo in cash flow. Total monthly income is $2,238/mo, and annual cash flow is $510/yr on $111,053 invested. Return on cash invested sits at 20.37% in year one, and rental yield is 8.02% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash sums $117,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,238/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2,500 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: Helene Prince • BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED PROP
Mls Name: WPMLS
Mls Provider:
Mls ID: #1710172
Disclaimer: Listing 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.