3240 Hemlock Dr, Erie, PA, 16506 | 7.48% 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

Total monthly income runs $1,620/mo, and a $1,272/mo payment. Purchase price stands at $259,900, and rental yield measures 7.48% with $1,620/mo rent. Return on cash invested shows 18.75% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 97.1% and total cumulative return in cash records $83,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,272/mo payment rather than investor’s personal income.

Single Family

Built in 1960

0.52 Acres lot

$N/A/sqft

No HOA