6833 Meade St APT 21PittsburghPA15208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 6833 Meade St APT 21, Pittsburgh, PA, 15208 in Pittsburgh is the 1.60 coverage ratio: rent of $2,015/mo versus a $1,259/mo debt payment on a $279,900 property. Rental yield 8.64%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $77,331 by year five, with $2,578/yr in equity from paydown. Total projected cumulative return: $104,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.2% |
| Monthly Cash Flow | $(49) | $450 |
City averages based on Pittsburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,015 |
| Total Monthly Debt Service | $1,953 |
| DSCR Ratio | 1.03x |
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 1950
1,132 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15208, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 2,063 (39.1%) |
| Renter Occupied HU | 2,259 (42.9%) |
| Vacant Housing Units | 949 (18.0%) |
| Median Home Value | $351,141 |
| Average Home Value | $405,001 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,074
Multi-Family
747
Businesses
257
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 1950
1,132 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15208, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,271 (100%) |
| Owner Occupied HU | 2,063 (39.1%) |
| Renter Occupied HU | 2,259 (42.9%) |
| Vacant Housing Units | 949 (18.0%) |
| Median Home Value | $351,141 |
| Average Home Value | $405,001 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,074
Multi-Family
747
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Girty • KELLER WILLIAMS EXCLUSIVE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1712670
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.