2462 Pioneer AvePittsburghPA15226
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Pittsburgh rentals match the income profile of 2462 Pioneer Ave, Pittsburgh, PA, 15226. Listed at $215,000, gross rent is $2,132/mo and net cash flow is $724/mo, a 11.9% yield well above national averages. DSCR 2.20 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $59,401 by year five with $1,980/yr in annual principal reduction, projecting $128,428 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.2% |
| Monthly Cash Flow | $724 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,132 |
| Total Monthly Debt Service | $1,323 |
| DSCR Ratio | 1.61x |
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.
Multi Family
Built in 1910
4,325 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
Multi Family
Built in 1910
4,325 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: Mark Ratti • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1736236