1363 W 44th 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 1363 W 44th St, Erie, PA, 16509 generates $1,391/mo in rent and, after a $881/mo payment, leaves $212/mo in cash flow. Total monthly income is $1,391/mo, and annual cash flow is $2,539/yr on $59,653 invested. Return on cash invested sits at 24.17% in year one, and rental yield is 9.28% on a $179,950 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,717 over five years. Five-year ROI reaches 126.17% and total cumulative return in cash sums $75,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,391/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5,227 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Bob Henninger • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #185592