415 Powell Ave, Erie, PA, 16505 | $174/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Erie at 415 Powell Ave, Erie, PA, 16505 priced at $310,000 converts $2,205/mo rent into $174/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,205/mo, and annual cash flow totals $2,087/yr on $102,765 invested. Return on cash invested prints 21.94% in year one, and rental yield reads 8.54% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 114.2% and total cumulative return in cash sums $117,355. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,205/mo property income covering a $1,517/mo payment, not borrower’s personal income.

Single Family

Built in 1987

10,018 sqft lot

$N/A/sqft

No HOA