940 Margarite Dr APT EPittsburghPA15216
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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 940 Margarite Dr APT E, Pittsburgh, PA, 15216 earns $540/mo cash flow from $1,679/mo rent with a $553/mo payment. Total monthly income totals $1,679/mo, and annual cash flow totals $6,485/yr on $37,460 capital. ROI tracks 37.22% on current figures, and rental yield reads 17.83% at a $113,000 purchase. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,220 over five years. Five-year ROI reaches 200.9% and total cumulative return in cash sums $75,257. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,679/mo property income instead of your personal income.
Condo
Built in 1973
405.11 sqft lot
$N/A/sqft
$309 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
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Listed by: Hannah Fiumara • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1700155
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.