6595 Meadowland Cir #8EriePA16509
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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 6595 Meadowland Cir #8, Erie, PA, 16509 earns from $2,245/mo rent with a $2,247/mo payment. Total monthly income totals $2,245/mo. ROI tracks 13.89% on current figures, and rental yield reads 5.87% at a $459,000 purchase. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 over five years. Five-year ROI reaches 71.04% and total cumulative return in cash sums $108,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,245/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Marsha Marsh • Marsha Marsh RES Peach
Mls Name: GEMLS
Mls ID: #185911