1500 Cochran Rd APT 812PittsburghPA15243
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 1500 Cochran Rd APT 812, Pittsburgh, PA, 15243 in Pittsburgh is narrow, $188/mo net on $2,533/mo rent after the $1,191/mo debt service, but the property operates at break-even-plus, not a loss. At $264,900 with a 11.48% yield, the long-run equity case via 5% appreciation ($73,187 over five years) and $2,440/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.13 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $152,182.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $188 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,533 |
| Total Monthly Debt Service | $1,630 |
| DSCR Ratio | 1.55x |
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
283.14 sqft 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
283.14 sqft 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: N/A • N/A
Mls Name: WPMLS
Mls ID: #1743223