71 Waterfront DrPittsburghPA15222
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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 71 Waterfront Dr, Pittsburgh, PA, 15222 priced at $675,000 converts $3,597/mo rent into after a $3,304/mo obligation. Total monthly income equals $3,597/mo. Return on cash invested prints 11.68% in year one, and rental yield reads 6.39% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 60.57% and total cumulative return in cash sums $134,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,597/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Townhouse
Built in 2000
1,916 sqft lot
$N/A/sqft
$585 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15222, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,465 (100%) |
| Owner Occupied HU | 531 ( 9.7%) |
| Renter Occupied HU | 4,038 (73.9%) |
| Vacant Housing Units | 896 (16.4%) |
| Median Home Value | $519,737 |
| Average Home Value | $511,116 |
Housing Distribution
Address Breakdown
Residential
5,159
Single Family
264
Multi-Family
4,895
Businesses
2,116
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Listed by: Meg Alarcon • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1566731
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.