9216 Florida Ave

Penn Hills, PA 15235
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3 bd, 2 ba | 850 sqft | Built in 1935

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List Price
$83,000

Initial Investment

$23,435

Purchase Price

$86,000

Down Payment

25%

Rent

$1,372

Total Return

$58,927

Annualized Return

37.1%

Cap Rate

13.0%

Gross Yield

19.1%

Cash Flow

$5,553

Appreciation

6.1%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Property Type

Duplex

Lot Size

13,304

HOA

None

Flood Risk

Not Required

  • Well maintained Duplex
  • Central air in both units
  • Listed on the MLS on 7/15/19

See more in Analysis
Jen Lentz
Roofstock LLC
Agent License #RS338238

Annual Financial Highlights

Expected Rent

$15,641

Expenses

-$5,112

Property Taxes

-$300

Loan Payments

-$4,675

Net Cash Flow

$5,553

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

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

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Listing Courtesy of:Kelly Pezze
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Certified Agent Brokerage:Jen Lentz
Roofstock LLC
SourceWest Penn MLS
MLS #1424444
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.