2421 Brentwood CtEriePA16506
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2421 Brentwood Ct, Erie, PA, 16506 in Erie at $320,000 earns $2,229/mo in rent and nets $34/mo after the $1,439/mo payment, a 7.98% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $88,410 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $2,947/yr in principal paydown, total projected return reaches $130,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.8% |
| Monthly Cash Flow | $34 | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,229 |
| Total Monthly Debt Service | $1,970 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
0.94 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 1970
0.94 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Weber • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #183718
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.