417 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 417 Shenley Dr, Erie, PA, 16505 at $269,000 posts ROI 18.54% with from $1,661/mo rent. Total monthly income equals $1,661/mo. Return on cash invested measures 18.54% and rental yield reads 7.41% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 95.95% and total cumulative return in cash totals $85,559. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,661/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
5,519 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Shannon Kincade • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #183510
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.