5789 Forest XingEriePA16506
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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 5789 Forest Xing, Erie, PA, 16506 listed at $565,000 pairs $3,454/mo rent with a $2,765/mo payment. Total monthly income runs $3,454/mo. Return on cash invested measures 18.46% in year one, and rental yield registers 7.34% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 95.54% and total cumulative return in cash totals $177,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,454/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kate Spiegel • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #188537