4159 Wood Hills Dr #C12EriePA16510
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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 4159 Wood Hills Dr #C12, Erie, PA, 16510 listed at $167,900 pairs $1,200/mo rent with a $822/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 19.55% in year one, and rental yield registers 8.58% at a $167,900 basis. Equity gained on principal adds $1,083/yr, and annual property appreciation at 5% supports $46,388 by year five. Five-year ROI tracks 102.34% and total cumulative return in cash totals $56,962. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $822/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
N/A lot
$N/A/sqft
$116 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16510, Erie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,319 (100%) |
| Owner Occupied HU | 7,525 (72.9%) |
| Renter Occupied HU | 2,122 (20.6%) |
| Vacant Housing Units | 672 ( 6.5%) |
| Median Home Value | $178,348 |
| Average Home Value | $221,465 |
Housing Distribution
Address Breakdown
Residential
10,155
Single Family
9,639
Multi-Family
516
Businesses
433
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Listed by: Angela Lipman • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #183747
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.