4015 Concord Rd,Erie,PA,16506

Investment Highlights

Investment property for sale in Erie at 4015 Concord Rd, Erie, PA, 16506 offers a 8.25% rental yield on a $309,900 purchase with $2,131/mo rent. Total monthly income registers $2,131/mo, and a $1,517/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,201/yr on $102,732 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 109.64% and total cumulative return in cash at $112,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,131/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.