3915 Roxbury RdEriePA16506
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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
Rental property for sale in Erie at 3915 Roxbury Rd, Erie, PA, 16506 generates $2,930/mo in rent and, after a $1,688/mo payment, leaves $670/mo in cash flow. Total monthly income is $2,930/mo, and annual cash flow is $8,040/yr on $114,334 invested. Return on cash invested sits at 26.94% in year one, and rental yield is 10.19% on a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 141.08% and total cumulative return in cash sums $161,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,930/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: TJ Quinn • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #184447
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.