2808 Greeley Ave, Erie, PA, 16506 | $214/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 2808 Greeley Ave, Erie, PA, 16506 listed at $229,000 pairs $1,715/mo rent with a $1,121/mo payment to leave $214/mo cash flow. Total monthly income runs $1,715/mo, and annual cash flow reaches $2,571/yr on $75,914 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 8.99% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 121.52% and total cumulative return in cash totals $92,249. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,715/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1928

0.29 Acres lot

$N/A/sqft

No HOA