742 Loretta StPittsburghPA15217
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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
Investment property for sale in Pittsburgh at 742 Loretta St, Pittsburgh, PA, 15217 offers a 9.18% rental yield on a $255,000 purchase with $1,950/mo rent. Total monthly income registers $1,950/mo, and a $1,248/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,349/yr on $84,533 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 124.62% and total cumulative return in cash at $105,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,950/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1897
2,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
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Listed by: Jerome Yoders • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1730208