839 Norwich AvePittsburghPA15226
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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 839 Norwich Ave, Pittsburgh, PA, 15226 priced at $225,000 converts $2,159/mo rent into $685/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,159/mo, and annual cash flow totals $8,218/yr on $74,588 invested. Return on cash invested prints 30.93% in year one, and rental yield reads 11.51% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 162.43% and total cumulative return in cash sums $121,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,159/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1924
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15226, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 4,508 (66.5%) |
| Renter Occupied HU | 1,758 (25.9%) |
| Vacant Housing Units | 514 ( 7.6%) |
| Median Home Value | $205,512 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,968
Multi-Family
649
Businesses
323
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Listed by: Michael Marsula • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1738363