3214 W 8th St #5, Erie, PA, 16505 | Equity Gain $7,743/yr

For Sale

Currently Rented

Rental Income

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 3214 W 8th St #5, Erie, PA, 16505 earns from $1,056/mo rent with a $5,873/mo payment. Total monthly income totals $1,056/mo. ROI tracks -0.64% on current figures, and rental yield reads 1.06% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,056/mo property income instead of your personal income.

Multi Family

Built in 1940

0.98 Acres lot

$N/A/sqft

No HOA