315 Monoca Dr, Erie, PA, 16505 | 5.92% Rental Yield

For Sale

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 315 Monoca Dr, Erie, PA, 16505 at $489,900 posts ROI 14.05% with from $2,417/mo rent. Total monthly income equals $2,417/mo. Return on cash invested measures 14.05% and rental yield reads 5.92% at the current $489,900. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 by year five. Five-year ROI prints 71.89% and total cumulative return in cash totals $116,753. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,417/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1951

0.43 Acres lot

$N/A/sqft

No HOA