4333 Caroline Dr,Erie,PA,16509

Investment Highlights

Investment property for sale in Erie at 4333 Caroline Dr, Erie, PA, 16509 listed at $245,000 pairs $2,248/mo rent with a $1,199/mo payment to leave $643/mo cash flow. Total monthly income runs $2,248/mo, and annual cash flow reaches $7,713/yr on $81,218 cash to close. Return on cash invested measures 29.41% in year one, and rental yield registers 11.01% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 154.25% and total cumulative return in cash totals $125,280. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,248/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).