576 Celeron StPittsburghPA15221
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 576 Celeron St, Pittsburgh, PA, 15221 in Pittsburgh fits: $535,000, 5.61% gross yield, and a projected 5% annual appreciation rate adding $147,811 in value within five years. Rental yield 5.61%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.04) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,927/yr in principal paydown and $147,811 in appreciation project a total return of $139,044.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 7.2% |
| Monthly Cash Flow | $(1,005) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,501 |
| Total Monthly Debt Service | $3,293 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1924
3,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
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 1924
3,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15221, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,935 (100%) |
| Owner Occupied HU | 7,139 (42.2%) |
| Renter Occupied HU | 7,515 (44.4%) |
| Vacant Housing Units | 2,281 (13.5%) |
| Median Home Value | $192,946 |
| Average Home Value | $248,690 |
Housing Distribution
Address Breakdown
Residential
15,750
Single Family
12,087
Multi-Family
3,663
Businesses
675
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monika Vindler • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1680191
Disclaimer: IDX 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.