452-454 E 9th StEriePA16503
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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
Investment Highlights
Investment property for sale in Erie at 452-454 E 9th St, Erie, PA, 16503 earns $142/mo cash flow from $960/mo rent with a $611/mo payment. Total monthly income totals $960/mo, and annual cash flow totals $1,703/yr on $41,404 capital. ROI tracks 24.02% on current figures, and rental yield reads 9.22% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 125.37% and total cumulative return in cash sums $51,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Multi Family
Built in 1907
3,423 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brielle Brown • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #189270