1125 Candy LnEriePA16505
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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
Investment Highlights
Investment property for sale in Erie at 1125 Candy Ln, Erie, PA, 16505 uses $140,888 cash to close to unlock $6,305/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $3,392/mo, and a $2,080/mo payment keeps the spread at $525/mo. Purchase price stands at $425,000, and rental yield measures 9.58% with $3,392/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash records $179,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,392/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.56 Acres lot
$N/A/sqft
No HOA
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Listed by: Corey Barbato • Keller Williams Realty
Mls Name: GEMLS
Mls ID: #183841
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