1500 Cochran Rd APT 703PittsburghPA15243
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1500 Cochran Rd APT 703, Pittsburgh, PA, 15243 in Pittsburgh achieves a 1.80 ratio at $279,900: $2,269/mo rent versus $1,259/mo debt service. Rental yield 9.73%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.73% yield compounds alongside 5% annual appreciation projecting $77,331 in value. Total projected cumulative return: $134,548.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.2% |
| Monthly Cash Flow | $(137) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,269 |
| Total Monthly Debt Service | $1,723 |
| DSCR Ratio | 1.32x |
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 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15243, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 4,799 (77.7%) |
| Renter Occupied HU | 1,006 (16.3%) |
| Vacant Housing Units | 370 ( 6.0%) |
| Median Home Value | $343,526 |
| Average Home Value | $395,977 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
4,894
Multi-Family
1,035
Businesses
142
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 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15243, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,175 (100%) |
| Owner Occupied HU | 4,799 (77.7%) |
| Renter Occupied HU | 1,006 (16.3%) |
| Vacant Housing Units | 370 ( 6.0%) |
| Median Home Value | $343,526 |
| Average Home Value | $395,977 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
4,894
Multi-Family
1,035
Businesses
142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Belice • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1738447