112 Washington Pl APT 12CPittsburghPA15219
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 112 Washington Pl APT 12C, Pittsburgh, PA, 15219 in Pittsburgh. Priced at $190,000, it generates $2,467/mo in gross rent and $515/mo in net monthly cash flow, a 15.58% yield that comfortably supports the 2.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,182. Five-year appreciation: $52,494. Equity from principal paydown: $1,750/yr. Total projected cumulative return: $108,579.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 7.2% |
| Monthly Cash Flow | $515 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,467 |
| Total Monthly Debt Service | $1,876 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1967
60.98 sqft lot
$N/A/sqft
$707 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15219, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,699 (100%) |
| Owner Occupied HU | 1,502 (17.3%) |
| Renter Occupied HU | 5,856 (67.3%) |
| Vacant Housing Units | 1,341 (15.4%) |
| Median Home Value | $214,808 |
| Average Home Value | $294,680 |
Housing Distribution
Address Breakdown
Residential
7,414
Single Family
3,993
Multi-Family
3,421
Businesses
1,827
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 1967
60.98 sqft lot
$N/A/sqft
$707 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15219, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,699 (100%) |
| Owner Occupied HU | 1,502 (17.3%) |
| Renter Occupied HU | 5,856 (67.3%) |
| Vacant Housing Units | 1,341 (15.4%) |
| Median Home Value | $214,808 |
| Average Home Value | $294,680 |
Housing Distribution
Address Breakdown
Residential
7,414
Single Family
3,993
Multi-Family
3,421
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices