4706 Upland DrEriePA16509
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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
Rental property for sale in Erie at 4706 Upland Dr, Erie, PA, 16509 priced at $399,900 pairs $2,893/mo rent with $203/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,893/mo, and annual cash flow comes to $2,438/yr on $132,567 invested. Return on cash invested is 21.75% in year one, and rental yield stands at 8.68% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 113.44% and total cumulative return in cash reaches $150,380. For financing, Ziffy Mortgage’s DSCR program evaluates $2,893/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
8,158 sqft lot
$N/A/sqft
No HOA
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Listed by: Amanda Serafini • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #179732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.