5403 Lucky LnEriePA16509








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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 5403 Lucky Ln, Erie, PA, 16509 uses $92,787 cash to close to unlock $11,038/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $2,754/mo, and a $1,370/mo payment keeps the spread at $920/mo. Purchase price stands at $279,900, and rental yield measures 11.81% with $2,754/mo rent. Return on cash invested shows 31.81% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 167.09% and total cumulative return in cash records $155,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Carolyn Baldwin • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #187778








