713 Norwich AvePittsburghPA15226
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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 713 Norwich Ave, Pittsburgh, PA, 15226 priced at $199,900 pairs $1,596/mo rent with $287/mo cash flow after a $978/mo payment. Total monthly income equals $1,596/mo, and annual cash flow comes to $3,438/yr on $66,267 invested. Return on cash invested is 25.1% in year one, and rental yield stands at 9.58% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 131.18% and total cumulative return in cash reaches $86,929. For financing, Ziffy Mortgage’s DSCR program evaluates $1,596/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15226, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 4,508 (66.5%) |
| Renter Occupied HU | 1,758 (25.9%) |
| Vacant Housing Units | 514 ( 7.6%) |
| Median Home Value | $205,512 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,968
Multi-Family
649
Businesses
323
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Listed by: Jay Kass • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1737249