520 Washington Rd APT 406PittsburghPA15228
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 520 Washington Rd APT 406, Pittsburgh, PA, 15228 in Pittsburgh is narrow, $38/mo net on $1,408/mo rent after the $643/mo debt service, but the property operates at break-even-plus, not a loss. At $142,900 with a 11.82% yield, the long-run equity case via 5% appreciation ($39,481 over five years) and $1,316/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.19 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $58,805.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.2% |
| Monthly Cash Flow | $38 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,408 |
| Total Monthly Debt Service | $1,312 |
| DSCR Ratio | 1.07x |
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.
Condo
Built in 1967
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15228, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,975 (63.5%) |
| Renter Occupied HU | 2,335 (29.8%) |
| Vacant Housing Units | 520 ( 6.6%) |
| Median Home Value | $421,264 |
| Average Home Value | $476,721 |
Housing Distribution
Address Breakdown
Residential
7,666
Single Family
5,816
Multi-Family
1,850
Businesses
434
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
Condo
Built in 1967
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15228, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,975 (63.5%) |
| Renter Occupied HU | 2,335 (29.8%) |
| Vacant Housing Units | 520 ( 6.6%) |
| Median Home Value | $421,264 |
| Average Home Value | $476,721 |
Housing Distribution
Address Breakdown
Residential
7,666
Single Family
5,816
Multi-Family
1,850
Businesses
434
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices