4617 Tulane AveEriePA16506
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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 4617 Tulane Ave, Erie, PA, 16506 listed at $289,900 pairs $1,743/mo rent with a $1,419/mo payment. Total monthly income runs $1,743/mo. Return on cash invested measures 17.95% in year one, and rental yield registers 7.21% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 92.85% and total cumulative return in cash totals $89,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,743/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: JP Hood • eXp Realty - Erie
Mls Name: GEMLS
Mls ID: #185717
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