5328 Knoyle RdEriePA16510
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 5328 Knoyle Rd, Erie, PA, 16510 at $160,000 posts ROI 42.52% with $999/mo cash flow from $2,107/mo rent. Total monthly income equals $2,107/mo, and annual cash flow records $11,994/yr on $53,040 to close. Return on cash invested measures 42.52% and rental yield reads 15.8% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 225.12% and total cumulative return in cash totals $119,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16510, Erie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,319 (100%) |
| Owner Occupied HU | 7,525 (72.9%) |
| Renter Occupied HU | 2,122 (20.6%) |
| Vacant Housing Units | 672 ( 6.5%) |
| Median Home Value | $178,348 |
| Average Home Value | $221,465 |
Housing Distribution
Address Breakdown
Residential
10,155
Single Family
9,639
Multi-Family
516
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Nelson • Coldwell Banker Select - Peach
Mls Name: GEMLS
Mls ID: #183680
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.