744 Parkway AvePittsburghPA15235
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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 744 Parkway Ave, Pittsburgh, PA, 15235 listed at $149,900 pairs $2,671/mo rent with a $734/mo payment to leave $1,545/mo cash flow. Total monthly income runs $2,671/mo, and annual cash flow reaches $18,543/yr on $49,692 cash to close. Return on cash invested measures 57.23% in year one, and rental yield registers 21.38% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 304.73% and total cumulative return in cash totals $151,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,671/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
9,661 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15235, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,518 (100%) |
| Owner Occupied HU | 11,231 (68.0%) |
| Renter Occupied HU | 4,045 (24.5%) |
| Vacant Housing Units | 1,242 ( 7.5%) |
| Median Home Value | $165,506 |
| Average Home Value | $217,733 |
Housing Distribution
Address Breakdown
Residential
16,286
Single Family
14,780
Multi-Family
1,506
Businesses
1,018
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Listed by: Rebecca Reichenbach • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1667912
Disclaimer: IDX 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.