401 Shenley DrEriePA16505
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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 401 Shenley Dr, Erie, PA, 16505 earns $131/mo cash flow from $2,386/mo rent with a $1,630/mo payment. Total monthly income totals $2,386/mo, and annual cash flow totals $1,566/yr on $110,390 capital. ROI tracks 21.33% on current figures, and rental yield reads 8.6% at a $333,000 purchase. Equity gained on principal adds $2,149/yr, and 5% annual appreciation supports $92,002 over five years. Five-year ROI reaches 111.23% and total cumulative return in cash sums $122,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,386/mo property income instead of your personal income.
Single Family
Built in 1933
5,519 sqft lot
$N/A/sqft
No HOA
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Listed by: Leslie Jaglowski • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #183758
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.