2135 S Manor Dr, Erie, PA, 16505 | $346/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 2135 S Manor Dr, Erie, PA, 16505 uses $66,267 cash to close to unlock $4,146/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $1,655/mo, and a $978/mo payment keeps the spread at $346/mo. Purchase price stands at $199,900, and rental yield measures 9.93% with $1,655/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 136.9% and total cumulative return in cash records $90,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,655/mo property income covering a $978/mo payment rather than investor’s personal income.

Single Family

Built in 1960

6,664 sqft lot

$N/A/sqft

No HOA