6012 Glen Eagles DrEriePA16509
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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 6012 Glen Eagles Dr, Erie, PA, 16509 listed at $219,900 pairs $1,796/mo rent with a $1,076/mo payment to leave $207/mo cash flow. Total monthly income runs $1,796/mo, and annual cash flow reaches $2,485/yr on $72,897 cash to close. Return on cash invested measures 23.32% in year one, and rental yield registers 9.8% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 122.55% and total cumulative return in cash totals $89,332. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,796/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
4,791 sqft lot
$N/A/sqft
$125 monthly HOA
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Listed by: Brian Eastman • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #184523
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