5661 Gardner DrEriePA16509
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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 5661 Gardner Dr, Erie, PA, 16509 earns from $1,865/mo rent with a $1,468/mo payment. Total monthly income totals $1,865/mo. ROI tracks 18.7% on current figures, and rental yield reads 7.46% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 96.83% and total cumulative return in cash sums $96,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,865/mo property income instead of your personal income.
Single Family
Built in 1968
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Dorotha Argaez • Keller Williams Realty
Mls Name: GEMLS
Mls ID: #187314
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