808 Olde Ingomar CtPittsburghPA15237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 808 Olde Ingomar Ct, Pittsburgh, PA, 15237 priced at $279,900 converts $2,482/mo rent into $280/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,482/mo, and annual cash flow totals $3,358/yr on $92,787 invested. Return on cash invested prints 23.53% in year one, and rental yield reads 10.64% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 124.45% and total cumulative return in cash sums $115,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,482/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Condo
Built in 1978
1,045 sqft lot
$N/A/sqft
$368 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karolyn Kelly • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1698472
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.