2386 Collins RdPittsburghPA15235
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2386 Collins Rd, Pittsburgh, PA, 15235 in Pittsburgh deserves attention. This $249,000 property earns $2,249/mo in rent, a 10.84% gross yield, and nets $532/mo after the $1,120/mo payment. DSCR 2.01 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $68,794 compounds alongside $2,293/yr in yearly equity build, for a total cumulative return of $129,477.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.2% |
| Monthly Cash Flow | $532 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,249 |
| Total Monthly Debt Service | $1,617 |
| DSCR Ratio | 1.39x |
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 1940
6,342 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15235, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,518 (100%) |
| Owner Occupied HU | 11,231 (68.0%) |
| Renter Occupied HU | 4,045 (24.5%) |
| Vacant Housing Units | 1,242 ( 7.5%) |
| Median Home Value | $165,506 |
| Average Home Value | $217,733 |
Housing Distribution
Address Breakdown
Residential
16,286
Single Family
14,780
Multi-Family
1,506
Businesses
1,018
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 1940
6,342 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15235, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,518 (100%) |
| Owner Occupied HU | 11,231 (68.0%) |
| Renter Occupied HU | 4,045 (24.5%) |
| Vacant Housing Units | 1,242 ( 7.5%) |
| Median Home Value | $165,506 |
| Average Home Value | $217,733 |
Housing Distribution
Address Breakdown
Residential
16,286
Single Family
14,780
Multi-Family
1,506
Businesses
1,018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Borellis • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697260
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.