327 Nevada DrEriePA16505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 327 Nevada Dr, Erie, PA, 16505 listed at $399,900 pairs $2,235/mo rent with a $1,957/mo payment. Total monthly income runs $2,235/mo. Return on cash invested measures 16.42% in year one, and rental yield registers 6.71% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 84.62% and total cumulative return in cash totals $112,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,235/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
10,402 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Makenzie Agresti • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #189235