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Price: $300K - 500K
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Home Type: Single Family
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$415,000  
3 bds • 3 ba • 1638 sqft
1048 Cedar Blvd, Pittsburgh, PA, 15228
7.6%
Gross Yield
18.9%
ROI
$2,619 /m
Est. Rent
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Pittsburgh at 1048 Cedar Blvd, Pittsburgh, PA, 15228 generates $2,619/mo in rent, after a $2,031/mo payment. Total monthly income is $2,619/mo. Return on cash invested sits at 19.03% in year one, and rental yield is 7.57% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 98.63% and total cumulative return in cash sums $135,693. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,619/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

8,145 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated and impeccably maintained, this 3-bedroom split-level home offers stylish comfort and convenience in a prime Mt. Lebanon location. Enjoy refinished hardwood floors throughout the main level, a large and bright living room, and a beautifully remodeled kitchen featuring KitchenAid black stainless-steel appliances. The main level also includes three bedrooms and two full baths, including a spacious primary suite with an ensuite bath. The finished lower-level game room with new carpet provides extra living space, along with a large utility room and access to the oversized two-car garage. Additional highlights include a new roof and a fantastic location close to Mt. Lebanon Park, local schools, and the community poolplus a perfect backyard view of the Mt. Lebanon fireworks every 4th of July. This is the one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 15228, Pittsburgh, PA area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)7,830 (100%)
Owner Occupied HU4,975 (63.5%)
Renter Occupied HU2,335 (29.8%)
Vacant Housing Units520 ( 6.6%)
Median Home Value$421,264
Average Home Value$476,721

Address Breakdown

Residential

7,666

Single Family

5,816

Multi-Family

1,850

Businesses

434

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
MLO
MLO
MLO
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1963
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached, Garage

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: 8,145 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Edward Nadolny • REDFIN CORPORATION 

Mls Name: WPMLS

Mls ID: #1729722

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