964 Ringgold StPittsburghPA15220
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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 964 Ringgold St, Pittsburgh, PA, 15220 listed at $174,900 pairs $1,682/mo rent with a $856/mo payment to leave $536/mo cash flow. Total monthly income runs $1,682/mo, and annual cash flow reaches $6,431/yr on $57,979 cash to close. Return on cash invested measures 31% in year one, and rental yield registers 11.54% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 162.8% and total cumulative return in cash totals $94,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,682/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,860 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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Listed by: Gerald Feaser • STEINER REALTY INC.
Mls Name: WPMLS
Mls ID: #1711617