1108 Milton StPittsburghPA15218
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderHigh DSCR is a competitive advantage at closing. 1108 Milton St, Pittsburgh, PA, 15218 in Pittsburgh achieves 1.57, rent of $2,756/mo covers the $1,754/mo payment 1.5x over at $390,000. Rental yield 7.6%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $107,750 over five years, with $3,592/yr in principal reduction bringing total projected return to $138,914.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.2% |
| Monthly Cash Flow | $(381) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,756 |
| Total Monthly Debt Service | $2,775 |
| DSCR Ratio | 0.99x |
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.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15218, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,286 (100%) |
| Owner Occupied HU | 3,705 (50.9%) |
| Renter Occupied HU | 2,854 (39.2%) |
| Vacant Housing Units | 727 ( 10.0%) |
| Median Home Value | $283,784 |
| Average Home Value | $334,194 |
Housing Distribution
Address Breakdown
Residential
6,992
Single Family
5,800
Multi-Family
1,192
Businesses
422
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
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15218, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,286 (100%) |
| Owner Occupied HU | 3,705 (50.9%) |
| Renter Occupied HU | 2,854 (39.2%) |
| Vacant Housing Units | 727 ( 10.0%) |
| Median Home Value | $283,784 |
| Average Home Value | $334,194 |
Housing Distribution
Address Breakdown
Residential
6,992
Single Family
5,800
Multi-Family
1,192
Businesses
422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maureen States • NEIGHBORHOOD REALTY SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694612
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.