3637 Bellaire DrEriePA16506
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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 3637 Bellaire Dr, Erie, PA, 16506 at $298,000 posts ROI 19.38% with from $2,166/mo rent. Total monthly income equals $2,166/mo. Return on cash invested measures 19.38% and rental yield reads 8.72% at the current $298,000. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 by year five. Five-year ROI prints 101.63% and total cumulative return in cash totals $100,400. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
N/A lot
$N/A/sqft
$200 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Joseph Bondi • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #183742
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.