3025 Berkley StEriePA16506








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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


Investment Highlights
Investment property for sale in Erie at 3025 Berkley St, Erie, PA, 16506 uses $59,670 cash to close to unlock $2,118/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,356/mo, and a $881/mo payment keeps the spread at $177/mo. Purchase price stands at $180,000, and rental yield measures 9.04% with $1,356/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash records $73,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1931
0.36 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Charles Himes • RE/MAX Lakeland Realty
Mls Name: GEMLS
Mls ID: #189169








