4509 S Park Ln,Erie,PA,16506

Investment Highlights

Investment property for sale in Erie at 4509 S Park Ln, Erie, PA, 16506 listed at $124,900 pairs $1,501/mo rent with a $611/mo payment to leave $683/mo cash flow. Total monthly income runs $1,501/mo, and annual cash flow reaches $8,195/yr on $41,404 cash to close. Return on cash invested measures 39.7% in year one, and rental yield registers 14.42% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 209.45% and total cumulative return in cash totals $86,722. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,501/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).