532 Montpelier AveEriePA16505
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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 532 Montpelier Ave, Erie, PA, 16505 with 5% annual appreciation on a $239,900 basis while $1,831/mo rent supports operations. Total monthly income totals $1,831/mo and a $1,174/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,110/yr on $79,527 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 9.16%. Five-year ROI measures 124.33% and total cumulative return in cash totals $98,875.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,831/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,198 sqft lot
$N/A/sqft
No HOA
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Listed by: JP Hood • eXp Realty - Erie
Mls Name: GEMLS
Mls ID: #187676