4270 Harding DrEriePA16509
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 4270 Harding Dr, Erie, PA, 16509 in Erie speaks for itself: 12.09% gross on a $164,900 price, generating $1,662/mo in rent and $581/mo in net income after the $741/mo debt service. DSCR 2.24, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,977 stacks alongside $45,559 in projected five-year appreciation and $1,519/yr in principal reduction. Projected total cumulative return: $100,253.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 7.8% |
| Monthly Cash Flow | $581 | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,662 |
| Total Monthly Debt Service | $1,015 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
5,401 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1966
5,401 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Necastro • Coldwell Banker Select - Airport
Mls Name: GEMLS
Mls ID: #188769