115 Grant AvePittsburghPA15209
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow115 Grant Ave, Pittsburgh, PA, 15209 in Pittsburgh earns its strong cash-flow label: 11.65% yield, $2,425/mo rent, $789/mo net income, DSCR 2.16. The $249,750 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $69,001 by year five. Combined with $2,300/yr in principal paydown, total projected return reaches $145,851.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 7.2% |
| Monthly Cash Flow | $789 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,425 |
| Total Monthly Debt Service | $1,537 |
| DSCR Ratio | 1.58x |
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.
Single Family
Built in 1915
1,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15209, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,769 (100%) |
| Owner Occupied HU | 3,696 (64.1%) |
| Renter Occupied HU | 1,532 (26.6%) |
| Vacant Housing Units | 541 ( 9.4%) |
| Median Home Value | $239,021 |
| Average Home Value | $275,865 |
Housing Distribution
Address Breakdown
Residential
5,613
Single Family
5,318
Multi-Family
295
Businesses
312
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 1915
1,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15209, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,769 (100%) |
| Owner Occupied HU | 3,696 (64.1%) |
| Renter Occupied HU | 1,532 (26.6%) |
| Vacant Housing Units | 541 ( 9.4%) |
| Median Home Value | $239,021 |
| Average Home Value | $275,865 |
Housing Distribution
Address Breakdown
Residential
5,613
Single Family
5,318
Multi-Family
295
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krisztian Burzuk • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1725314
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.