3206 Georgian Ct, Erie, PA, 16506 | $811/mo Cash Flow

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 3206 Georgian Ct, Erie, PA, 16506 offers a 10.69% rental yield on a $345,000 purchase with $3,072/mo rent. Total monthly income registers $3,072/mo, and a $1,689/mo payment leaves $811/mo available for distribution. Annual cash flow reaches $9,730/yr on $114,368 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 148.94% and total cumulative return in cash at $170,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,072/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA