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Price: $300K - 500K
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Home Type: Single Family
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$330,000  
6 bds • 4 ba • - sqft
1402/1404 Tolma Ave, Pittsburgh, PA, 15216
8.3%
Gross Yield
21.0%
ROI
$2,280 /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

Investment property for sale in Pittsburgh at 1402/1404 Tolma Ave, Pittsburgh, PA, 15216 uses $109,395 cash to close to unlock $1,413/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,615/mo payment keeps the spread at $118/mo. Purchase price stands at $330,000, and rental yield measures 8.29% with $2,280/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash records $120,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Multi Family

Built in 1920

1,270 sqft lot

$N/A/sqft

No HOA

More details about the property

Fantastic investment opportunity in the heart of Dormont! This well-maintained duplex offers two parcels being sold together, each featuring 3 bedrooms, 2 baths, and three spacious stories. Both units include ample storage space, a 2-car detached garage, and off-street parkinga rare find in this prime location. Enjoy the convenience of being just minutes from Downtown Pittsburgh, local shopping, restaurants, and the T line for an easy commute. Whether youre looking to expand your portfolio or live in one unit and rent the other, this property offers endless potential in one of the areas most desirable neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)11,786 (100%)
Owner Occupied HU6,370 (54.0%)
Renter Occupied HU4,399 (37.3%)
Vacant Housing Units1,017 ( 8.6%)
Median Home Value$237,724
Average Home Value$301,735

Address Breakdown

Residential

11,010

Single Family

9,225

Multi-Family

1,785

Businesses

529

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: MultiFamily
  • Year Built: 1920
  • 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: Detached, Garage, On Street

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: 1,270 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: Michele Belice • HOWARD HANNA REAL ESTATE SERVICES 

Mls Name: WPMLS

Mls ID: #1729371

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