5926 Grubb Rd,Erie,PA,16506

Investment Highlights

Investment property for sale in Erie at 5926 Grubb Rd, Erie, PA, 16506 offers a 8.12% rental yield on a $899,900 purchase with $6,088/mo rent. Total monthly income registers $6,088/mo, and a $4,405/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,288/yr on $296,067 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $5,807/yr while 5% annual appreciation supports $248,626 over five years. Portfolio math shows five-year ROI at 108.24% and total cumulative return in cash at $320,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,088/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.