732 Saint Clair AveEriePA16505
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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 732 Saint Clair Ave, Erie, PA, 16505 offers $1,589/mo rent that, after a $832/mo payment, leaves $475/mo cash flow. Total monthly income is $1,589/mo, and annual cash flow is $5,703/yr on $56,322 cash. Return on cash invested measures 30.03% in year one, and rental yield stands at 11.22% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 157.69% and total cumulative return in cash reaches $88,814. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,589/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,998 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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