3613 Dominic Dr,Erie,PA,16506

Investment Highlights

Rental property for sale in Erie at 3613 Dominic Dr, Erie, PA, 16506 generates $2,501/mo in rent and, after a $1,835/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,501/mo, and annual cash flow is $531/yr on $124,279 invested. Return on cash invested sits at 20.34% in year one, and rental yield is 8.01% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 105.64% and total cumulative return in cash sums $131,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,501/mo property income rather than buyer’s personal income.