346 Erica DrEriePA16509
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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
Investment Highlights
Investment property for sale in Erie at 346 Erica Dr, Erie, PA, 16509 at $899,900 posts ROI 20.11% with $13/mo cash flow from $5,910/mo rent. Total monthly income equals $5,910/mo, and annual cash flow records $152/yr on $296,067 to close. Return on cash invested measures 20.11% and rental yield reads 7.88% at the current $899,900. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 by year five. Five-year ROI prints 104.38% and total cumulative return in cash totals $309,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,910/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.62 Acres lot
$N/A/sqft
No HOA
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Listed by: Jamie Learn • Marsha Marsh RES Peach
Mls Name: GEMLS
Mls ID: #188018
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.