4758 Thoroughbred LoopEriePA16506
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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 4758 Thoroughbred Loop, Erie, PA, 16506 offers a 6.15% rental yield on a $735,000 purchase with $3,769/mo rent. 45% in year one. Equity gained on principal adds $4,743/yr while 5% annual appreciation supports $203,067 over five years. Portfolio math shows five-year ROI at 74.14% and total cumulative return in cash at $179,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,769/mo property income against a $3,597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.49 Acres lot
$N/A/sqft
$200 annually HOA
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Listed by: Stacey Santos • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #184124
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