5821 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
Rental property for sale in Erie at 5821 Forest Xing, Erie, PA, 16506 generates $2,492/mo in rent and, after a $1,723/mo payment, leaves $164/mo in cash flow. Total monthly income is $2,492/mo, and annual cash flow is $1,973/yr on $116,688 invested. Return on cash invested sits at 21.6% in year one, and rental yield is 8.5% on a $352,000 entry. Equity gained on principal adds $2,271/yr, while 5% annual appreciation builds toward $97,251 over five years. Five-year ROI reaches 112.48% and total cumulative return in cash sums $131,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,492/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
$250 annually HOA
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Listed by: Sarah O'Neill • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #180231
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