129 Clay Dr Pittsburgh, PA 15235
3bd, 1ba | 1,125sqft | Built in 1955
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Initial Investment
$106,575
List Price: $105,000
Purchase Price
$105,000
Down Payment
100%
Rent
$1,140

Total Return
$51,462
Annualized Return
9.2%
Cap Rate
7.5%
Gross Yield
13.0%
Cash Flow
$7,262
Appreciation
3.4%
Features
Roofstock Certified
Occupancy
Move-in (w/in 30 days)
Lease Start
07/20/2019 
Lease End
07/31/2021 
Lot Size
6,450 
HOA
None
Flood Risk
Not Required
  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased to meet our certification requirements.
  • Attractive 4-star rated neighborhood with very hard to find 7.5 cap
  • Attractive 3-bed 1.5-bath 1,125 sq ft single-family house with screened patio and partially finished basement.
  • Centrally located with convenient freeway access to I-376, less than 20 min to downtown Pittsburgh. Only 3 minutes away from Penn Hills Shopping Center.
  • Newly renovated with ~$15K invested
  • Pet fee included in monthly rent of $40.00

Annual Financial Highlight
Expected Rent
$12,996
Expenses
-$3,434
Property Taxes
-$2,300
Loan Payments
$0

Net Cash Flow
$7,262
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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