626 Lincoln Ave, Erie, PA, 16505 | $405/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 626 Lincoln Ave, Erie, PA, 16505 offers $1,977/mo rent that, after a $1,174/mo payment, leaves $405/mo cash flow. Total monthly income is $1,977/mo, and annual cash flow is $4,862/yr on $79,527 cash. Return on cash invested measures 26.02% in year one, and rental yield stands at 9.89% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 136.16% and total cumulative return in cash reaches $108,283. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,977/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1903

7,405 sqft lot

$N/A/sqft

No HOA