4750 Lawndale DrEriePA16506
Nearby investment properties with comparable rents
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 4750 Lawndale Dr, Erie, PA, 16506 earns from $2,632/mo rent with a $2,619/mo payment. Total monthly income totals $2,632/mo. ROI tracks 14.1% on current figures, and rental yield reads 5.9% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 72.13% and total cumulative return in cash sums $126,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,632/mo property income instead of your personal income.
Single Family
Built in 1969
1.51 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Shannon Kincade • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #184331
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.