147 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 147 Kelso Dr, Erie, PA, 16505 earns $89/mo cash flow from $1,235/mo rent with a $856/mo payment. Total monthly income totals $1,235/mo, and annual cash flow totals $1,067/yr on $57,979 capital. ROI tracks 21.75% on current figures, and rental yield reads 8.47% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 113.17% and total cumulative return in cash sums $65,616. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,235/mo property income instead of your personal income.
Single Family
Built in 1940
5,793 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: #187660