721 N Atlantic AvePittsburghPA15224
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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 721 N Atlantic Ave, Pittsburgh, PA, 15224 priced at $199,900 pairs $1,982/mo rent with $673/mo cash flow after a $978/mo payment. Total monthly income equals $1,982/mo, and annual cash flow comes to $8,070/yr on $66,267 invested. Return on cash invested is 32.09% in year one, and rental yield stands at 11.9% 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 168.63% and total cumulative return in cash reaches $111,745. For financing, Ziffy Mortgage’s DSCR program evaluates $1,982/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
3,741 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15224, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,940 (31.5%) |
| Renter Occupied HU | 3,508 (57.0%) |
| Vacant Housing Units | 708 (11.5%) |
| Median Home Value | $307,487 |
| Average Home Value | $364,642 |
Housing Distribution
Address Breakdown
Residential
5,639
Single Family
4,316
Multi-Family
1,323
Businesses
515
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Listed by: Adam Gleve • DEACON & HOOVER REAL ESTATE ADVISORS LLC
Mls Name: WPMLS
Mls ID: #1732665