3204 Nottingham DrPittsburghPA15235
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3204 Nottingham Dr, Pittsburgh, PA, 15235 in Pittsburgh hard to pass up. The 11.78% gross yield on a $340,000 purchase results in $3,338/mo in rent and $875/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.18). Annual cash flow of $10,503, five-year appreciation of $93,936, and $3,131/yr in equity build-up combine for a projected total cumulative return of $186,767.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.2% |
| Monthly Cash Flow | $875 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,338 |
| Total Monthly Debt Service | $2,328 |
| DSCR Ratio | 1.43x |
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 1958
0.79 Acres 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 1958
0.79 Acres 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: Karen Shoop • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705066
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.