4642 Highview BlvdEriePA16509
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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 4642 Highview Blvd, Erie, PA, 16509 offers a 11.29% rental yield on a $279,000 purchase with $2,624/mo rent. Total monthly income registers $2,624/mo, and a $1,366/mo payment leaves $661/mo available for distribution. Annual cash flow reaches $7,929/yr on $92,489 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 149.93% and total cumulative return in cash at $138,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,624/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,348 sqft lot
$N/A/sqft
$125 annually HOA
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Nearby investment properties with comparable prices
Listed by: Marsha Marsh • Marsha Marsh RES Peach
Mls Name: GEMLS
Mls ID: #181268
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