4810 Oakland StEriePA16509
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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 4810 Oakland St, Erie, PA, 16509 uses $66,300 cash to close to unlock $5,296/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $979/mo payment keeps the spread at $441/mo. Purchase price stands at $200,000, and rental yield measures 10.51% with $1,752/mo rent. Return on cash invested shows 27.9% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 146.18% and total cumulative return in cash records $96,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1936
10,798 sqft lot
$N/A/sqft
No HOA
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Listed by: Erica Wasielewski • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #183987
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