1623 Barbadoes AvePittsburghPA15226
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 1623 Barbadoes Ave, Pittsburgh, PA, 15226 in Pittsburgh: $1,583/mo in rent, $397/mo in net income, 10.5% gross yield, 1.94 DSCR, all at $181,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $50,007 in appreciation and $1,667/yr in principal paydown projects total cumulative return of $94,464.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.2% |
| Monthly Cash Flow | $397 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,583 |
| Total Monthly Debt Service | $1,114 |
| DSCR Ratio | 1.42x |
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 1954
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15226, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 4,508 (66.5%) |
| Renter Occupied HU | 1,758 (25.9%) |
| Vacant Housing Units | 514 ( 7.6%) |
| Median Home Value | $205,512 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,968
Multi-Family
649
Businesses
323
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 1954
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15226, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 4,508 (66.5%) |
| Renter Occupied HU | 1,758 (25.9%) |
| Vacant Housing Units | 514 ( 7.6%) |
| Median Home Value | $205,512 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,968
Multi-Family
649
Businesses
323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Feldman • YOUR TOWN REALTY LLC
Mls Name: WPMLS
Mls ID: #1715539