2831 Hastings Rd, Erie, PA, 16506 | $131/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 2831 Hastings Rd, Erie, PA, 16506 earns $131/mo cash flow from $1,671/mo rent with a $1,150/mo payment. Total monthly income totals $1,671/mo, and annual cash flow totals $1,575/yr on $77,903 capital. ROI tracks 21.93% on current figures, and rental yield reads 8.53% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 114.21% and total cumulative return in cash sums $88,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,671/mo property income instead of your personal income.

Single Family

Built in 1925

0.27 Acres lot

$N/A/sqft

No HOA