347 Spahr StPittsburghPA15232
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 347 Spahr St, Pittsburgh, PA, 15232 in Pittsburgh speaks for itself: 10.66% gross on a $500,000 price, generating $4,440/mo in rent and $1,164/mo in net income after the $2,248/mo debt service. DSCR 1.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,963 stacks alongside $138,141 in projected five-year appreciation and $4,605/yr in principal reduction. Projected total cumulative return: $265,275.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.2% |
| Monthly Cash Flow | $1,164 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,440 |
| Total Monthly Debt Service | $3,077 |
| DSCR Ratio | 1.44x |
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 1910
2,500 sqft lot
$N/A/sqft
No HOA
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 1910
2,500 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Teyssier • RE/MAX REAL ESTATE SOLUTIONS
Mls Name: WPMLS
Mls ID: #1702396