4513 Perkins St #A2EriePA16509
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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 4513 Perkins St #A2, Erie, PA, 16509 offers a 8.89% rental yield on a $179,000 purchase with $1,326/mo rent. 36% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 96.73% and total cumulative return in cash at $57,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,326/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
$230 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Eric Hammill • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #181490
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