6323 Shadyside Dr, Erie, PA, 16505 | $701/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 6323 Shadyside Dr, Erie, PA, 16505 generates $5,256/mo in rent and, after a $3,402/mo payment, leaves $701/mo in cash flow. Total monthly income is $5,256/mo, and annual cash flow is $8,418/yr on $228,655 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.08% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 123.84% and total cumulative return in cash sums $283,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,256/mo property income rather than buyer’s personal income.

Single Family

Built in 1974

0.75 Acres lot

$N/A/sqft

No HOA