425 Cherokee 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 425 Cherokee Dr, Erie, PA, 16505 at $319,000 posts ROI 18.86% with from $2,406/mo rent. Total monthly income equals $2,406/mo. Return on cash invested measures 18.86% and rental yield reads 9.05% at the current $319,000. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 by year five. Five-year ROI prints 99.38% and total cumulative return in cash totals $105,097. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,406/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
10,497 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Laban Marsh • Marsha Marsh RES Peach
Mls Name: GEMLS
Mls ID: #177445
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.