730 Pasadena Dr, Erie, PA, 16505 | $606/mo Cash Flow

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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 730 Pasadena Dr, Erie, PA, 16505 offers $3,589/mo rent that, after a $2,202/mo payment, leaves $606/mo cash flow. Total monthly income is $3,589/mo, and annual cash flow is $7,271/yr on $149,142 cash. Return on cash invested measures 24.78% in year one, and rental yield stands at 9.57% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 129.56% and total cumulative return in cash reaches $193,222. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,589/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

0.39 Acres lot

$N/A/sqft

$35 monthly HOA