2537 Pepper Tree DrEriePA16510
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
Investment Highlights
Investment property for sale in Erie at 2537 Pepper Tree Dr, Erie, PA, 16510 earns $298/mo cash flow from $2,205/mo rent with a $1,424/mo payment. Total monthly income totals $2,205/mo, and annual cash flow totals $3,581/yr on $96,467 capital. ROI tracks 23.62% on current figures, and rental yield reads 9.09% at a $291,000 purchase. Equity gained on principal adds $1,878/yr, and 5% annual appreciation supports $80,398 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash sums $118,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,205/mo property income instead of your personal income.
Single Family
Built in 1985
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16510, Erie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,319 (100%) |
| Owner Occupied HU | 7,525 (72.9%) |
| Renter Occupied HU | 2,122 (20.6%) |
| Vacant Housing Units | 672 ( 6.5%) |
| Median Home Value | $178,348 |
| Average Home Value | $221,465 |
Housing Distribution
Address Breakdown
Residential
10,155
Single Family
9,639
Multi-Family
516
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Hebner • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #188879