6262 Cobblestone 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
Investment property for sale in Erie at 6262 Cobblestone Dr, Erie, PA, 16509 listed at $820,000 pairs $4,688/mo rent with a $4,013/mo payment. Total monthly income runs $4,688/mo. Return on cash invested measures 17.01% in year one, and rental yield registers 6.86% at a $820,000 basis. Equity gained on principal adds $5,291/yr, and annual property appreciation at 5% supports $226,551 by year five. Five-year ROI tracks 87.78% and total cumulative return in cash totals $236,807. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,688/mo property income relative to a $4,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.43 Acres lot
$N/A/sqft
No HOA
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Listed by: Isaac Yurkewicz • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #185742
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