3850 W 12th StEriePA16505
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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 3850 W 12th St, Erie, PA, 16505 earns $387/mo cash flow from $1,861/mo rent with a $1,101/mo payment. Total monthly income totals $1,861/mo, and annual cash flow totals $4,642/yr on $74,588 capital. ROI tracks 26.13% on current figures, and rental yield reads 9.93% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash sums $101,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,861/mo property income instead of your personal income.
Single Family
Built in 1946
7,200 sqft lot
$N/A/sqft
No HOA
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Listed by: Pat Doran • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #178509
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