602 Crane AvePittsburghPA15216
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Pittsburgh rentals match the income profile of 602 Crane Ave, Pittsburgh, PA, 15216. Listed at $189,000, gross rent is $2,442/mo and net cash flow is $1,204/mo, a 15.5% yield well above national averages. DSCR 2.87 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $52,217 by year five with $1,741/yr in annual principal reduction, projecting $149,411 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 7.2% |
| Monthly Cash Flow | $1,204 | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,442 |
| Total Monthly Debt Service | $1,163 |
| DSCR Ratio | 2.10x |
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 1955
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
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 1955
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15216, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,786 (100%) |
| Owner Occupied HU | 6,370 (54.0%) |
| Renter Occupied HU | 4,399 (37.3%) |
| Vacant Housing Units | 1,017 ( 8.6%) |
| Median Home Value | $237,724 |
| Average Home Value | $301,735 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,225
Multi-Family
1,785
Businesses
529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices