3114 Contessa LnEriePA16506
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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 3114 Contessa Ln, Erie, PA, 16506 earns from $2,990/mo rent with a $2,398/mo payment. Total monthly income totals $2,990/mo. ROI tracks 18.28% on current figures, and rental yield reads 7.32% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 94.59% and total cumulative return in cash sums $153,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,990/mo property income instead of your personal income.
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mary Huffman • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #188027
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