118 S 17th StPittsburghPA15203
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 118 S 17th St, Pittsburgh, PA, 15203 in Pittsburgh the bet is firmly on appreciation. Rental yield 5.54%. The 5.54% gross yield on a $443,500 price is below income-first thresholds, but 5%/yr value growth projects $122,531 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.03) 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: $113,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 7.2% |
| Monthly Cash Flow | $(859) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,047 |
| Total Monthly Debt Service | $2,730 |
| DSCR Ratio | 0.75x |
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.
Multi Family
Built in 1905
1,729 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15203, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,661 (100%) |
| Owner Occupied HU | 1,962 (25.6%) |
| Renter Occupied HU | 4,378 (57.1%) |
| Vacant Housing Units | 1,321 (17.2%) |
| Median Home Value | $340,796 |
| Average Home Value | $358,338 |
Housing Distribution
Address Breakdown
Residential
6,424
Single Family
4,850
Multi-Family
1,574
Businesses
797
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
Multi Family
Built in 1905
1,729 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15203, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,661 (100%) |
| Owner Occupied HU | 1,962 (25.6%) |
| Renter Occupied HU | 4,378 (57.1%) |
| Vacant Housing Units | 1,321 (17.2%) |
| Median Home Value | $340,796 |
| Average Home Value | $358,338 |
Housing Distribution
Address Breakdown
Residential
6,424
Single Family
4,850
Multi-Family
1,574
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nina Trbovich • BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED PROP
Mls Name: WPMLS
Mls Provider:
Mls ID: #1710568
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.