241 S Atlantic AvePittsburghPA15224
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 241 S Atlantic Ave, Pittsburgh, PA, 15224 in Pittsburgh. Rental yield 7.44%. The 1.38 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $192,016 and $6,401/yr in principal reduction project total return of $248,752.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 7.2% |
| Monthly Cash Flow | $(247) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,307 |
| Total Monthly Debt Service | $4,278 |
| DSCR Ratio | 1.01x |
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 1905
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15224, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,940 (31.5%) |
| Renter Occupied HU | 3,508 (57.0%) |
| Vacant Housing Units | 708 (11.5%) |
| Median Home Value | $307,487 |
| Average Home Value | $364,642 |
Housing Distribution
Address Breakdown
Residential
5,639
Single Family
4,316
Multi-Family
1,323
Businesses
515
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 1905
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15224, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 1,940 (31.5%) |
| Renter Occupied HU | 3,508 (57.0%) |
| Vacant Housing Units | 708 (11.5%) |
| Median Home Value | $307,487 |
| Average Home Value | $364,642 |
Housing Distribution
Address Breakdown
Residential
5,639
Single Family
4,316
Multi-Family
1,323
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maureen States • NEIGHBORHOOD REALTY SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1704285
Disclaimer: Listing 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.