1063 Parkview BlvdPittsburghPA15217
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1063 Parkview Blvd, Pittsburgh, PA, 15217 in Pittsburgh the bet is firmly on appreciation. Rental yield 2.56%. The 2.56% gross yield on a $999,900 price is below income-first thresholds, but 5%/yr value growth projects $276,254 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.48) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $65,049.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 7.2% |
| Monthly Cash Flow | $(4,941) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,136 |
| Total Monthly Debt Service | $6,679 |
| DSCR Ratio | 0.32x |
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.
Townhouse
Built in 2004
3,519 sqft lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
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
Townhouse
Built in 2004
3,519 sqft lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15217, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,916 (100%) |
| Owner Occupied HU | 6,015 (46.6%) |
| Renter Occupied HU | 5,824 (45.1%) |
| Vacant Housing Units | 1,077 ( 8.3%) |
| Median Home Value | $493,151 |
| Average Home Value | $565,054 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
9,379
Multi-Family
3,177
Businesses
747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Kane • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1745435
Disclaimer: Listing 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.