5124 W Ridge Rd, Erie, PA, 16506 | 6.15% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Erie at 5124 W Ridge Rd, Erie, PA, 16506 earns from $2,585/mo rent with a $2,470/mo payment. Total monthly income totals $2,585/mo. ROI tracks 14.84% on current figures, and rental yield reads 6.15% at a $504,700 purchase. Equity gained on principal adds $3,257/yr, and 5% annual appreciation supports $139,439 over five years. Five-year ROI reaches 76.14% and total cumulative return in cash sums $126,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,585/mo property income instead of your personal income.

Single Family

Built in 1975

1.96 Acres lot

$N/A/sqft

No HOA