2863 W 32nd St, Erie, PA, 16506 | $604/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 2863 W 32nd St, Erie, PA, 16506 uses $91,163 cash to close to unlock $7,248/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,406/mo, and a $1,346/mo payment keeps the spread at $604/mo. Purchase price stands at $275,000, and rental yield measures 10.5% with $2,406/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 145.94% and total cumulative return in cash records $133,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,406/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1955

8,398 sqft lot

$N/A/sqft

No HOA