430 Mohawk 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 430 Mohawk Dr, Erie, PA, 16505 listed at $365,000 pairs $2,114/mo rent with a $1,786/mo payment. Total monthly income runs $2,114/mo. Return on cash invested measures 15.71% in year one, and rental yield registers 6.95% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 81.34% and total cumulative return in cash totals $98,419. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,114/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
10,497 sqft lot
$N/A/sqft
$100 annually HOA
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Listed by: Debby McCain • Ready2Go Realty, LLC
Mls Name: GEMLS
Mls ID: #183730
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