6067 Estate 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
Rental property for sale in Erie at 6067 Estate Dr, Erie, PA, 16509 offers $2,646/mo rent that, after a $1,884/mo payment, leaves $124/mo cash flow. Total monthly income is $2,646/mo, and annual cash flow is $1,482/yr on $127,628 cash. Return on cash invested measures 21.07% in year one, and rental yield stands at 8.25% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 109.56% and total cumulative return in cash reaches $139,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,646/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Nanci Lorei • Marsha Marsh RES Peach
Mls Name: GEMLS
Mls ID: #181927
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