4526 Perkins StEriePA16509
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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 4526 Perkins St, Erie, PA, 16509 earns $10/mo cash flow from $2,077/mo rent with a $1,302/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $116/yr on $88,179 capital. ROI tracks 20.04% on current figures, and rental yield reads 9.37% at a $266,000 purchase. Equity gained on principal adds $1,716/yr, and 5% annual appreciation supports $73,491 over five years. Five-year ROI reaches 105.64% and total cumulative return in cash sums $93,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
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: Carolyn Baldwin • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #184184
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