2934 Merwyn AvePittsburghPA15204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2934 Merwyn Ave, Pittsburgh, PA, 15204 in Pittsburgh speaks for itself: 12.08% gross on a $165,000 price, generating $1,661/mo in rent and $580/mo in net income after the $742/mo debt service. DSCR 2.24, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,955 stacks alongside $45,586 in projected five-year appreciation and $1,520/yr in principal reduction. Projected total cumulative return: $100,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 7.2% |
| Monthly Cash Flow | $580 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,661 |
| Total Monthly Debt Service | $1,016 |
| DSCR Ratio | 1.64x |
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 1911
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15204, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,773 (100%) |
| Owner Occupied HU | 2,104 (55.8%) |
| Renter Occupied HU | 1,184 (31.4%) |
| Vacant Housing Units | 485 (12.9%) |
| Median Home Value | $112,851 |
| Average Home Value | $164,861 |
Housing Distribution
Address Breakdown
Residential
3,549
Single Family
3,414
Multi-Family
135
Businesses
111
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 1911
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15204, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,773 (100%) |
| Owner Occupied HU | 2,104 (55.8%) |
| Renter Occupied HU | 1,184 (31.4%) |
| Vacant Housing Units | 485 (12.9%) |
| Median Home Value | $112,851 |
| Average Home Value | $164,861 |
Housing Distribution
Address Breakdown
Residential
3,549
Single Family
3,414
Multi-Family
135
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices