1410 Hartt Rd,Erie,PA,16505

Investment Highlights

Investment property for sale in Erie at 1410 Hartt Rd, Erie, PA, 16505 offers a 8.6% rental yield on a $250,000 purchase with $1,792/mo rent. Total monthly income registers $1,792/mo, and a $1,224/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,841/yr on $82,875 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 115.27% and total cumulative return in cash at $95,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,792/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.