345 Shorehaven Dr, Erie, PA, 16505 | $250/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 345 Shorehaven Dr, Erie, PA, 16505 earns $250/mo cash flow from $2,084/mo rent with a $1,370/mo payment. Total monthly income totals $2,084/mo, and annual cash flow totals $2,996/yr on $92,820 capital. ROI tracks 23.14% on current figures, and rental yield reads 8.93% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 120.63% and total cumulative return in cash sums $111,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,084/mo property income instead of your personal income.

Single Family

Built in 1957

9,073 sqft lot

$N/A/sqft

No HOA