231 Lucca Upper StPittsburghPA15241
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 231 Lucca Upper St, Pittsburgh, PA, 15241 in Pittsburgh worth study. Rental yield 4.21%. The 4.21% gross yield is below cash-flow benchmarks at $719,000, but 5% annual appreciation, adding $198,646 over five years, frames this as a capital growth position. Rent of $2,520/mo partially offsets the $3,233/mo payment. Ziffy Mortgage finances appreciation-play properties (0.78 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $116,137.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 7.2% |
| Monthly Cash Flow | $(2,468) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,520 |
| Total Monthly Debt Service | $4,702 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$277 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15241, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,077 (100%) |
| Owner Occupied HU | 7,263 (80.0%) |
| Renter Occupied HU | 1,175 (12.9%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $439,560 |
| Average Home Value | $493,591 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
7,508
Multi-Family
977
Businesses
866
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
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$277 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15241, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,077 (100%) |
| Owner Occupied HU | 7,263 (80.0%) |
| Renter Occupied HU | 1,175 (12.9%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $439,560 |
| Average Home Value | $493,591 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
7,508
Multi-Family
977
Businesses
866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Nasman • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1684705
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.