730 Pasadena DrEriePA16505
INVESTMENT ANALYSIS
Investment Verdict
Solid Income730 Pasadena Dr, Erie, PA, 16505 in Erie is a solid income-producing rental, 9.57% gross yield, $3,589/mo rent, $606/mo net cash flow on a $449,900 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $124,299 and $4,144/yr in principal reduction project a total cumulative return of $210,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.8% |
| Monthly Cash Flow | $606 | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,589 |
| Total Monthly Debt Service | $2,804 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
0.39 Acres lot
$N/A/sqft
$35 monthly HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 1988
0.39 Acres lot
$N/A/sqft
$35 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A