1413 Columbus AvePittsburghPA15233
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1413 Columbus Ave, Pittsburgh, PA, 15233 in Pittsburgh at $114,900 earns $867/mo in rent and nets $114/mo after the $517/mo payment, a 9.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $31,745 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,058/yr in principal paydown, total projected return reaches $51,098.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $114 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $867 |
| Total Monthly Debt Service | $707 |
| DSCR Ratio | 1.23x |
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 1902
2,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15233, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 578 (36.2%) |
| Renter Occupied HU | 802 (50.2%) |
| Vacant Housing Units | 218 (13.6%) |
| Median Home Value | $414,348 |
| Average Home Value | $465,709 |
Housing Distribution
Address Breakdown
Residential
1,552
Single Family
1,108
Multi-Family
444
Businesses
559
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 1902
2,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15233, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 578 (36.2%) |
| Renter Occupied HU | 802 (50.2%) |
| Vacant Housing Units | 218 (13.6%) |
| Median Home Value | $414,348 |
| Average Home Value | $465,709 |
Housing Distribution
Address Breakdown
Residential
1,552
Single Family
1,108
Multi-Family
444
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Watson • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1725515