610 Glenruadh Ave, Erie, PA, 16505 | $740/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Erie at 610 Glenruadh Ave, Erie, PA, 16505 generates $2,313/mo in rent and, after a $1,175/mo payment, leaves $740/mo in cash flow. Total monthly income is $2,313/mo, and annual cash flow is $8,880/yr on $79,560 invested. Return on cash invested sits at 31.07% in year one, and rental yield is 11.56% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 163.16% and total cumulative return in cash sums $129,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,313/mo property income rather than buyer’s personal income.

Single Family

Built in 1942

10,497 sqft lot

$N/A/sqft

No HOA