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City of Pittsburgh

Investing in Lincoln-Larimer

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

Rental snapshot

Max Cashflow
Rent-to-price2.06–2.55%/mo
Price / unit (2–4 unit)$45K–$60K/unit
1-BR rent$850–$1,075/mo
2-BR rent$1,050–$1,300/mo
3-BR rent$1,300–$1,550/mo

Flip / value-add snapshot

Value
Renovated ARV$155-$235K
Typical buy range$64-$124K

East End city - cash flow.

How Lincoln-Larimer pencils

  • rents are strong against the purchase price, which is what makes a rental pencil here
  • 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

10th
best rent-to-price of 192 submarkets
19%
of Pittsburgh submarkets are cheaper to buy into
2.07×
renovated value vs. typical buy price

What a typical Lincoln-Larimer rental looks like

Purchase (midpoint of the range)$94,000
Rent (typical 2-bed)$1,175/mo
Down payment (25%)$23,500
Principal & interest (7%, 30yr)$469/mo
Taxes & insurance$172/mo
Vacancy & maintenance (7% + 10%)$200/mo
Estimated cashflow$334/mo

17% 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 Lincoln-Larimer deals as they come up?

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

If Lincoln-Larimer 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.