REI Lense

REI Lense

Pittsburgh, PA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Pittsburgh, PA. Based on 30+ datapoints.

Pittsburgh, PA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-6.9%

Median Cashflow

-$345/mo

Avg Rent Estimate

$2,024/mo

Avg Price

$282,050

Price Range

$95,000 - $711,300

Rent to Price

0.72%

low ratio

Positive Cashflow

26%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Pittsburgh, PA

Pittsburgh, PA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 30+ analyzed properties, the median monthly cashflow in Pittsburgh, PA is -$345 with average rents of $2,024/month. Properties range from $95,000 to $711,300, offering entry points across multiple investment budgets.

919 Eleanor St, Pittsburgh, PA 15203

Price

$348,800

Rent

$2,508

CachFlow

-$261

CoC

-4.28

Full Analysis

3135 Churchview Ave, Pittsburgh, PA 15227

Price

$284,600

Rent

$1,888

CachFlow

-$432

CoC

-8.67

Full Analysis

202 Melrose Pl, Pittsburgh, PA 15241

Price

$275,900

Rent

$2,124

CachFlow

-$368

CoC

-7.62

Full Analysis

3048 Custer Ave, Pittsburgh, PA 15227

Price

$202,300

Rent

$1,799

CachFlow

-$96

CoC

-2.71

Full Analysis

498 Balconade Dr, Pittsburgh, PA 15236

Price

$350,000

Rent

$2,006

CachFlow

-$731

CoC

-11.93

Full Analysis
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Pittsburgh, PA Rental Market Insights

  • Median cashflow is -$345/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 26% positive cashflow rate, Pittsburgh, PA requires selective property picks
  • Mid-to-upper tier market with properties from $95,000 to $711,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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