LOT 1 Cascades WayPittsburghPA15215
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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 LOT 1 Cascades Way, Pittsburgh, PA, 15215 with 5% annual appreciation on a $1,995,000 basis while $4,466/mo rent supports operations. 39% in year one. Equity gained on principal adds $12,873/yr, and five-year appreciation sums $551,182 alongside rental yield of 2.69%. Five-year ROI measures 20.01% and total cumulative return in cash totals $129,357. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,466/mo property income versus a $9,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15215, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,994 (100%) |
| Owner Occupied HU | 3,692 (61.6%) |
| Renter Occupied HU | 1,743 (29.1%) |
| Vacant Housing Units | 559 ( 9.3%) |
| Median Home Value | $390,296 |
| Average Home Value | $474,957 |
Housing Distribution
Address Breakdown
Residential
5,650
Single Family
5,095
Multi-Family
555
Businesses
446
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Listed by: David Onufer • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1697553