825 Morewood Ave UNIT APittsburghPA15213
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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 825 Morewood Ave UNIT A, Pittsburgh, PA, 15213 uses $129,252 cash to close to unlock $2,237/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $4,470/mo, and a $1,908/mo payment keeps the spread at $186/mo. Purchase price stands at $389,900, and rental yield measures 13.76% with $4,470/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 118.42% and total cumulative return in cash records $153,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,470/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Condo
Built in 1960
374.62 sqft lot
$N/A/sqft
$1,729 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15213, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,203 (100%) |
| Owner Occupied HU | 2,412 (19.8%) |
| Renter Occupied HU | 8,224 (67.4%) |
| Vacant Housing Units | 1,567 (12.8%) |
| Median Home Value | $333,410 |
| Average Home Value | $466,868 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
4,413
Multi-Family
8,075
Businesses
806
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Listed by: Lisa Gasperoni • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1671344
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.