6160 Meadowland Cir,Erie,PA,16509

Investment Highlights

Rental property for sale in Erie at 6160 Meadowland Cir, Erie, PA, 16509 generates $2,371/mo in rent and, after a $903/mo payment, leaves $695/mo in cash flow. Total monthly income is $2,371/mo, and annual cash flow is $8,343/yr on $61,165 invested. Return on cash invested sits at 33.55% in year one, and rental yield is 15.42% on a $184,510 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation builds toward $50,977 over five years. Five-year ROI reaches 179.86% and total cumulative return in cash sums $110,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,371/mo property income rather than buyer’s personal income.