3532 McCreary RdEriePA16506
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3532 McCreary Rd, Erie, PA, 16506 in Erie speaks for itself: 10.83% gross on a $307,000 price, generating $2,771/mo in rent and $759/mo in net income after the $1,380/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,109 stacks alongside $84,818 in projected five-year appreciation and $2,828/yr in principal reduction. Projected total cumulative return: $165,779.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.8% |
| Monthly Cash Flow | $759 | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,771 |
| Total Monthly Debt Service | $1,890 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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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
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A