3139 Whitehouse DrEriePA16505
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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 3139 Whitehouse Dr, Erie, PA, 16505 uses $62,952 cash to close to unlock $3,109/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,503/mo, and a $929/mo payment keeps the spread at $259/mo. Purchase price stands at $189,900, and rental yield measures 9.5% with $1,503/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 129.88% and total cumulative return in cash records $81,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,503/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,017 sqft lot
$N/A/sqft
No HOA
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Listed by: Isaac Yurkewicz • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #184399
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