112 Washington Pl APT 15GPittsburghPA15219
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 112 Washington Pl APT 15G, Pittsburgh, PA, 15219 in Pittsburgh achieves a 2.14 ratio at $180,668: $1,734/mo rent versus $812/mo debt service. Rental yield 11.52%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 11.52% yield compounds alongside 5% annual appreciation projecting $49,915 in value. Total projected cumulative return: $64,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $(111) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,734 |
| Total Monthly Debt Service | $1,773 |
| DSCR Ratio | 0.98x |
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 1967
60.98 sqft lot
$N/A/sqft
$661 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
$661 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
Listed by: Ashleigh Mitchell • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1704437
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.