2902 Marcella Dr,Erie,PA,16506

Investment Highlights

Investment property for sale in Erie at 2902 Marcella Dr, Erie, PA, 16506 listed at $240,000 pairs $1,797/mo rent with a $1,175/mo payment to leave $224/mo cash flow. Total monthly income runs $1,797/mo, and annual cash flow reaches $2,688/yr on $79,560 cash to close. Return on cash invested measures 23.29% in year one, and rental yield registers 8.98% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 121.42% and total cumulative return in cash totals $96,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,797/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).