5775 Platinum Dr,Erie,PA,16509

Investment Highlights

Investment property for sale in Erie at 5775 Platinum Dr, Erie, PA, 16509 listed at $519,900 pairs $3,800/mo rent with a $2,545/mo payment to leave $393/mo cash flow. Total monthly income runs $3,800/mo, and annual cash flow reaches $4,714/yr on $171,047 cash to close. Return on cash invested measures 22.82% in year one, and rental yield registers 8.77% at a $519,900 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,639 by year five. Five-year ROI tracks 118.88% and total cumulative return in cash totals $203,344. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,800/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).