1761 W 26th StEriePA16508
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Nearby investment properties with comparable prices
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 1761 W 26th St, Erie, PA, 16508 offers a 7.45% rental yield on a $550,000 purchase with $3,414/mo rent. 8% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 97.33% and total cumulative return in cash at $176,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,414/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16508, Erie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,921 (100%) |
| Owner Occupied HU | 4,354 (62.9%) |
| Renter Occupied HU | 1,997 (28.9%) |
| Vacant Housing Units | 570 ( 8.2%) |
| Median Home Value | $130,047 |
| Average Home Value | $187,683 |
Housing Distribution
Address Breakdown
Residential
6,931
Single Family
6,764
Multi-Family
167
Businesses
601
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Nearby investment properties with comparable prices
Listed by: Dana Shawgo • Shawgo Real Estate LLC
Mls Name: Allegheny Valley BOR
Mls ID: #156595
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.