140 Kelso DrEriePA16505
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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 140 Kelso Dr, Erie, PA, 16505 offers a 5.47% rental yield on a $279,900 purchase with $1,276/mo rent. 69% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 64.61% and total cumulative return in cash at $59,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,276/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,512 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Isaac Yurkewicz • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #182342
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