1125 Candy LnEriePA16505
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1125 Candy Ln, Erie, PA, 16505 in Erie achieves a 1.77 ratio at $425,000: $3,392/mo rent versus $1,911/mo debt service. Rental yield 7.86%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 7.86% yield compounds alongside 5% annual appreciation projecting $117,420 in value. Total projected cumulative return: $196,019.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.8% |
| Monthly Cash Flow | $(25) | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,392 |
| Total Monthly Debt Service | $2,698 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
0.56 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1953
0.56 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey Barbato • Keller Williams Realty
Mls Name: GEMLS
Mls ID: #183841
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.