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East Suburbs & Mon Valley

Investing in Oakmont

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

Rental snapshot

Balanced
Rent-to-price0.65–0.76%/mo
Price / unit (2–4 unit)$190K–$255K/unit
1-BR rent$825–$1,050/mo
2-BR rent$1,450–$1,700/mo
3-BR rent$1,875–$2,200/mo

Flip / value-add snapshot

Core
Renovated ARV$280-$415K
Typical buy range$135-$226K

River borough. Strong buyer demand.

How Oakmont 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 sit near the top of the metro

Against the rest of the metro

143rd
best rent-to-price of 192 submarkets
71%
of Pittsburgh submarkets are cheaper to buy into
1.93×
renovated value vs. typical buy price

What a typical Oakmont rental looks like

Purchase (midpoint of the range)$180,500
Rent (typical 2-bed)$1,575/mo
Down payment (25%)$45,125
Principal & interest (7%, 30yr)$901/mo
Taxes & insurance$331/mo
Vacancy & maintenance (7% + 10%)$268/mo
Estimated cashflow$76/mo

2% 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 Oakmont deals as they come up?

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

If Oakmont 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.