1246 W 52nd 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
Rental property for sale in Erie at 1246 W 52nd St, Erie, PA, 16509 generates $1,828/mo in rent and, after a $1,125/mo payment, leaves $322/mo in cash flow. Total monthly income is $1,828/mo, and annual cash flow is $3,861/yr on $76,212 invested. Return on cash invested sits at 24.98% in year one, and rental yield is 9.54% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash sums $99,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,828/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.55 Acres lot
$N/A/sqft
No HOA
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Listed by: Carolyn Baldwin • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #184215
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