121 Clayton AveEriePA16509
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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
Rental property for sale in Erie at 121 Clayton Ave, Erie, PA, 16509 generates $1,658/mo in rent and, after a $929/mo payment, leaves $372/mo in cash flow. Total monthly income is $1,658/mo, and annual cash flow is $4,462/yr on $62,952 invested. Return on cash invested sits at 27% in year one, and rental yield is 10.48% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 141.62% and total cumulative return in cash sums $89,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Jenna Ramsey • Coldwell Banker Select - Airport
Mls Name: GEMLS
Mls ID: #180314
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