709 Providence DrPittsburghPA15239
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 709 Providence Dr, Pittsburgh, PA, 15239 offers $1,404/mo rent that, after a $857/mo payment, leaves $257/mo cash flow. Total monthly income is $1,404/mo, and annual cash flow is $3,081/yr on $58,013 cash. Return on cash invested measures 25.22% in year one, and rental yield stands at 9.63% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 131.82% and total cumulative return in cash reaches $76,471. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,404/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15239, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,959 (100%) |
| Owner Occupied HU | 6,825 (76.2%) |
| Renter Occupied HU | 1,645 (18.4%) |
| Vacant Housing Units | 489 ( 5.5%) |
| Median Home Value | $246,967 |
| Average Home Value | $329,994 |
Housing Distribution
Address Breakdown
Residential
8,870
Single Family
8,620
Multi-Family
250
Businesses
519
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Nearby investment properties with comparable prices
Listed by: Suzanne Spears • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls ID: #1726651