3363-65 W 32nd StEriePA16506
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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
Rental property for sale in Erie at 3363-65 W 32nd St, Erie, PA, 16506 generates $2,074/mo in rent and, after a $1,448/mo payment, leaves $135/mo in cash flow. Total monthly income is $2,074/mo, and annual cash flow is $1,624/yr on $98,091 invested. Return on cash invested sits at 21.56% in year one, and rental yield is 8.41% on a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation builds toward $81,752 over five years. Five-year ROI reaches 112.23% and total cumulative return in cash sums $110,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A