1715 Millfair Rd, Erie, PA, 16505 | $186/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 1715 Millfair Rd, Erie, PA, 16505 uses $96,102 cash to close to unlock $2,235/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $2,086/mo, and a $1,419/mo payment keeps the spread at $186/mo. Purchase price stands at $289,900, and rental yield measures 8.63% with $2,086/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 115.84% and total cumulative return in cash records $111,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,086/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Single Family

Built in 1968

0.48 Acres lot

$N/A/sqft

No HOA