1425 Nicholson St, Erie, PA, 16509 | $210/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Erie at 1425 Nicholson St, Erie, PA, 16509 uses $61,294 cash to close to unlock $2,525/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,422/mo, and a $905/mo payment keeps the spread at $210/mo. Purchase price stands at $184,900, and rental yield measures 9.23% with $1,422/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 125.47% and total cumulative return in cash records $76,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,422/mo property income covering a $905/mo payment rather than investor’s personal income.

Single Family

Built in 1977

6,098 sqft lot

$N/A/sqft

No HOA