5790 Nickel Dr, Erie, PA, 16509 | 7.39% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
8 Bath
3600 sft

6699 Old Ridge Rd, Fairview, PA, 16415

4 Bed
4 Bath
2503 sft

11221 W Greene Rd, Waterford, PA, 16441

4 Bed
3 Bath
2872 sft

162 E 2nd St, Waterford, PA, 16441

5 Bed
3 Bath
2541 sft

12356 Culbertson Dr, Edinboro, PA, 16412

Nearby investment properties with comparable prices

2 Bed
2 Bath
1719 sft

9007 Chatham Dr, Fairview, PA, 16415

5 Bed
3 Bath
1632 sft

8679 Oriole Dr, Erie, PA, 16509

4 Bed
3 Bath
2533 sft

4146 Ridgewood Dr, Erie, PA, 16506

4 Bed
3 Bath
2207 sft

3425 Anne Marie Dr, Erie, PA, 16506

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Erie at 5790 Nickel Dr, Erie, PA, 16509 generates $3,139/mo in rent, after a $2,496/mo payment. Total monthly income is $3,139/mo. Return on cash invested sits at 18.61% in year one, and rental yield is 7.39% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 96.34% and total cumulative return in cash sums $161,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,139/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

0.32 Acres lot

$N/A/sqft

No HOA