3004 Arcadia Ave,Erie,PA,16506

Investment Highlights

Investment property for sale in Erie at 3004 Arcadia Ave, Erie, PA, 16506 offers a 9.62% rental yield on a $199,900 purchase with $1,602/mo rent. Total monthly income registers $1,602/mo, and a $978/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,510/yr on $66,267 to close, and return on cash invested stands at 25.21% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 131.74% and total cumulative return in cash at $87,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,602/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.