2829 Feasler StEriePA16506
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
Rental property for sale in Erie at 2829 Feasler St, Erie, PA, 16506 generates $1,629/mo in rent and, after a $881/mo payment, leaves $450/mo in cash flow. Total monthly income is $1,629/mo, and annual cash flow is $5,396/yr on $59,637 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 10.87% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 151.85% and total cumulative return in cash sums $90,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,629/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Max Rankin • RE/MAX Lakeland Realty - Erie
Mls Name: GEMLS
Mls ID: #189261