3966 Solar DrEriePA16506
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder3966 Solar Dr, Erie, PA, 16506 in Erie carries a 1.54 coverage ratio, rent of $3,814/mo is 1.54 times the $2,472/mo payment. Rental yield 7.63%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $549,800 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $151,900; total projected cumulative return: $209,676.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.8% |
| Monthly Cash Flow | $(276) | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,814 |
| Total Monthly Debt Service | $3,605 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
1.19 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2009
1.19 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A