3003 Coleridge Dr, Erie, PA, 16506 | 7.44% Rental Yield

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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 3003 Coleridge Dr, Erie, PA, 16506 earns from $1,953/mo rent with a $1,541/mo payment. Total monthly income totals $1,953/mo. ROI tracks 18.64% on current figures, and rental yield reads 7.44% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 96.51% and total cumulative return in cash sums $100,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,953/mo property income instead of your personal income.

Single Family

Built in 1978

8,376 sqft lot

$N/A/sqft

No HOA