6428 Hearthstone LnEriePA16505
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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
Rental property for sale in Erie at 6428 Hearthstone Ln, Erie, PA, 16505 priced at $284,500 pairs $3,030/mo rent with $1,166/mo cash flow after a $1,392/mo payment. Total monthly income equals $3,030/mo, and annual cash flow comes to $13,995/yr on $94,312 invested. Return on cash invested is 34.75% in year one, and rental yield stands at 12.78% on a $284,500 basis. Equity gained on principal adds $1,836/yr, and 5% annual appreciation accumulates to $78,602 by year five. Five-year ROI measures 182.92% and total cumulative return in cash reaches $172,517. For financing, Ziffy Mortgage’s DSCR program evaluates $3,030/mo property income against a $1,392/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.40 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jennie Bone • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #175588
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