2901 Legion RdEriePA16506
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 2901 Legion Rd, Erie, PA, 16506 earns $800/mo cash flow from $2,124/mo rent with a $979/mo payment. Total monthly income totals $2,124/mo, and annual cash flow totals $9,602/yr on $66,300 capital. ROI tracks 34.39% on current figures, and rental yield reads 12.74% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 181.12% and total cumulative return in cash sums $120,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,124/mo property income instead of your personal income.
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jake Scheloske • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #188646
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.