856 Academy PlPittsburghPA15243
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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 856 Academy Pl, Pittsburgh, PA, 15243 offers a 5.81% rental yield on a $642,900 purchase with $3,114/mo rent. 82% in year one. Equity gained on principal adds $4,149/yr while 5% annual appreciation supports $177,621 over five years. Portfolio math shows five-year ROI at 70.66% and total cumulative return in cash at $149,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $3,147/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15243, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 4,799 (77.7%) |
| Renter Occupied HU | 1,006 (16.3%) |
| Vacant Housing Units | 370 ( 6.0%) |
| Median Home Value | $343,526 |
| Average Home Value | $395,977 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
4,894
Multi-Family
1,035
Businesses
142
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Listed by: Renee Konzier • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1698892
Disclaimer: Listing 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.