3926 Wood St,Erie,PA,16509

Investment Highlights

Investment property for sale in Erie at 3926 Wood St, Erie, PA, 16509 listed at $199,900 pairs $1,621/mo rent with a $978/mo payment to leave $312/mo cash flow. Total monthly income runs $1,621/mo, and annual cash flow reaches $3,738/yr on $66,267 cash to close. Return on cash invested measures 25.55% in year one, and rental yield registers 9.73% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 133.59% and total cumulative return in cash totals $88,525. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,621/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).