1729 W 45th St #J2EriePA16509
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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 1729 W 45th St #J2, Erie, PA, 16509 uses $57,681 cash to close to unlock $2,225/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,326/mo, and a $852/mo payment keeps the spread at $185/mo. Purchase price stands at $174,000, and rental yield measures 9.14% with $1,326/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 124.04% and total cumulative return in cash records $71,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,326/mo property income covering a $852/mo payment rather than investor’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nicholas Haller • Keller Williams Realty
Mls Name: GEMLS
Mls ID: #188607