1901 Liberty StEriePA16502
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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
Rental property for sale in Erie at 1901 Liberty St, Erie, PA, 16502 priced at $145,000 pairs $1,529/mo rent with $579/mo cash flow after a $710/mo payment. Total monthly income equals $1,529/mo, and annual cash flow comes to $6,942/yr on $48,068 invested. Return on cash invested is 34.35% in year one, and rental yield stands at 12.65% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 180.84% and total cumulative return in cash reaches $86,924. For financing, Ziffy Mortgage’s DSCR program evaluates $1,529/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1911
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16502, Erie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,681 (100%) |
| Owner Occupied HU | 2,457 (32.0%) |
| Renter Occupied HU | 4,325 (56.3%) |
| Vacant Housing Units | 899 (11.7%) |
| Median Home Value | $87,569 |
| Average Home Value | $133,334 |
Housing Distribution
Address Breakdown
Residential
6,831
Single Family
6,046
Multi-Family
785
Businesses
424
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Listed by: Rose Nouri • Coldwell Banker Select - Airport
Mls Name: GEMLS
Mls ID: #187844