6067 Morning Glory CtEriePA16509
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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 Morning Glory Ct, Erie, PA, 16509 generates $2,021/mo in rent, after a $1,434/mo payment. Total monthly income is $2,021/mo. Return on cash invested sits at 16.34% in year one, and rental yield is 8.28% on a $293,000 entry. Equity gained on principal adds $1,891/yr, while 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 85.97% and total cumulative return in cash sums $83,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,021/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$390 monthly HOA
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Listed by: Mary Smrekar • Coldwell Banker Select - Peach
Mls Name: GEMLS
Mls ID: #183836
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