← All neighborhoods
North Hills

Investing in Blawnox

A Pittsburgh investor's snapshot of Blawnox — typical rents, rent-to-price, renovation values, and how the numbers pencil for rentals and flips.

Rental snapshot

Cashflow
Rent-to-price0.71–0.87%/mo
Price / unit (2–4 unit)$130K–$180K/unit
1-BR rent$900–$1,125/mo
2-BR rent$1,100–$1,350/mo

Flip / value-add snapshot

Core
Renovated ARV$165-$245K
Typical buy range$68-$131K

Small borough - river corridor - occasional deal.

How Blawnox pencils

  • rents alone will not carry the debt at list — this is an appreciation or value-add play, not a cashflow one
  • there is a real spread between buy price and renovated value, so a value-add works when you buy right
  • entry prices are among the lowest in the metro

Against the rest of the metro

123rd
best rent-to-price of 192 submarkets
25%
of Pittsburgh submarkets are cheaper to buy into
2.06×
renovated value vs. typical buy price

What a typical Blawnox rental looks like

Purchase (midpoint of the range)$99,500
Rent (typical 2-bed)$1,225/mo
Down payment (25%)$24,875
Principal & interest (7%, 30yr)$496/mo
Taxes & insurance$182/mo
Vacancy & maintenance (7% + 10%)$208/mo
Estimated cashflow$338/mo

16.3% cash-on-cash on the down payment alone

Self-managed, before closing costs and rehab. Midpoints of the published ranges — a real property will differ, which is what the analysis on an actual address is for.

Want Blawnox deals as they come up?

I'll talk through the market, your buy box, and your goals — then send off-market and new Blawnox deals that fit.

If Blawnox works for you, look at these

Similar entry price, rent-to-price and renovated value.

Directional investment estimates showing where the numbers point — not an appraisal, and not a statement about any community or its residents. Always run real comps and rents on a specific property. Equal Housing Opportunity.