613-615 Grandview AveEast PittsburghPA15112
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 613-615 Grandview Ave, East Pittsburgh, PA, 15112 in East Pittsburgh: $1,928/mo in rent, $296/mo in net income, 10.17% gross yield, 1.88 DSCR, all at $227,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $62,854 in appreciation and $2,095/yr in principal paydown projects total cumulative return of $106,301.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $296 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,928 |
| Total Monthly Debt Service | $1,542 |
| DSCR Ratio | 1.25x |
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.
Multi Family
Built in 1900
4,142 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15112, East Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,942 (100%) |
| Owner Occupied HU | 756 (38.9%) |
| Renter Occupied HU | 891 (45.9%) |
| Vacant Housing Units | 295 (15.2%) |
| Median Home Value | $93,509 |
| Average Home Value | $126,954 |
Housing Distribution
Address Breakdown
Residential
1,511
Single Family
1,378
Multi-Family
133
Businesses
105
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
Multi Family
Built in 1900
4,142 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15112, East Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,942 (100%) |
| Owner Occupied HU | 756 (38.9%) |
| Renter Occupied HU | 891 (45.9%) |
| Vacant Housing Units | 295 (15.2%) |
| Median Home Value | $93,509 |
| Average Home Value | $126,954 |
Housing Distribution
Address Breakdown
Residential
1,511
Single Family
1,378
Multi-Family
133
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Giancola • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687871
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.