635 Providence WayEriePA16509
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Nearby investment properties with comparable prices
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 635 Providence Way, Erie, PA, 16509 earns from $2,478/mo rent with a $2,153/mo payment. Total monthly income totals $2,478/mo. ROI tracks 16.53% on current figures, and rental yield reads 6.76% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 85.23% and total cumulative return in cash sums $124,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,478/mo property income instead of your personal income.
Single Family
Built in 2003
0.29 Acres lot
$N/A/sqft
$75 annually HOA
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Nearby investment properties with comparable prices
Listed by: Emily Foht • Foht REALTORS
Mls Name: GEMLS
Mls ID: #183859
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