308 Byron RdPittsburghPA15237
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 308 Byron Rd, Pittsburgh, PA, 15237 in Pittsburgh earns a 9.94% gross yield at $269,670. Rent of $2,233/mo nets $466/mo after the $1,213/mo mortgage. The 1.84 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $74,505 and $2,484/yr in equity accumulation project a total cumulative return of $132,641.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.2% |
| Monthly Cash Flow | $466 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,233 |
| Total Monthly Debt Service | $1,660 |
| DSCR Ratio | 1.35x |
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 1950
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
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 1950
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15237, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,238 (100%) |
| Owner Occupied HU | 14,656 (72.4%) |
| Renter Occupied HU | 4,205 (20.8%) |
| Vacant Housing Units | 1,377 ( 6.8%) |
| Median Home Value | $359,327 |
| Average Home Value | $398,779 |
Housing Distribution
Address Breakdown
Residential
19,655
Single Family
15,949
Multi-Family
3,706
Businesses
1,886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Wanamaker • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1725937