1165 W 54th StEriePA16509
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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 1165 W 54th St, Erie, PA, 16509 listed at $369,500 pairs $2,431/mo rent with a $1,809/mo payment to leave $9/mo cash flow. Total monthly income runs $2,431/mo, and annual cash flow reaches $111/yr on $122,489 cash to close. Return on cash invested measures 20% in year one, and rental yield registers 7.89% at a $369,500 basis. Equity gained on principal adds $2,384/yr, and annual property appreciation at 5% supports $102,086 by year five. Five-year ROI tracks 103.83% and total cumulative return in cash totals $127,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,431/mo property income relative to a $1,809/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Amanda Serafini • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #180621
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