2034 Swallow Hill Rd APT 306PittsburghPA15220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2034 Swallow Hill Rd APT 306, Pittsburgh, PA, 15220 in Pittsburgh at $124,000 earns $993/mo in rent and nets $180/mo after the $558/mo payment, a 9.61% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,259 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,142/yr in principal paydown, total projected return reaches $58,838.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.2% |
| Monthly Cash Flow | $180 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $993 |
| Total Monthly Debt Service | $763 |
| DSCR Ratio | 1.30x |
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 1970
322.34 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
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 1970
322.34 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15220, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 5,045 (56.3%) |
| Renter Occupied HU | 3,174 (35.4%) |
| Vacant Housing Units | 743 ( 8.3%) |
| Median Home Value | $243,750 |
| Average Home Value | $301,037 |
Housing Distribution
Address Breakdown
Residential
8,717
Single Family
5,942
Multi-Family
2,775
Businesses
861
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dante Egizio • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1730739