1000 Grandview Ave APT 806-807PittsburghPA15211
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1000 Grandview Ave APT 806-807, Pittsburgh, PA, 15211 in Pittsburgh at $1,199,000, 1.67% gross yield, is a market-growth asset. Rental yield 1.67%. The $1,667/mo rent partially funds the $5,391/mo debt service; the core return is the 5%/yr price growth projected to add $331,262 over five years. Ziffy Mortgage's DSCR mortgage (0.31) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 7.2% |
| Monthly Cash Flow | $(7,555) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,667 |
| Total Monthly Debt Service | $8,745 |
| DSCR Ratio | 0.19x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1976
435.60 sqft lot
$N/A/sqft
$1,365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15211, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 2,770 (41.1%) |
| Renter Occupied HU | 3,155 (46.8%) |
| Vacant Housing Units | 819 (12.1%) |
| Median Home Value | $247,928 |
| Average Home Value | $313,171 |
Housing Distribution
Address Breakdown
Residential
5,988
Single Family
4,920
Multi-Family
1,068
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1976
435.60 sqft lot
$N/A/sqft
$1,365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15211, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 2,770 (41.1%) |
| Renter Occupied HU | 3,155 (46.8%) |
| Vacant Housing Units | 819 (12.1%) |
| Median Home Value | $247,928 |
| Average Home Value | $313,171 |
Housing Distribution
Address Breakdown
Residential
5,988
Single Family
4,920
Multi-Family
1,068
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Bortolotti • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1693501
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.