8234 Willow GlnEriePA16509
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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 8234 Willow Gln, Erie, PA, 16509 generates $1,619/mo in rent and, after a $636/mo payment, leaves $768/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $9,211/yr on $43,062 invested. Return on cash invested sits at 41.3% in year one, and rental yield is 14.96% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 218.08% and total cumulative return in cash sums $93,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Manufactured
Built in 2011
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Debra Fries • Coldwell Banker Select - Peach
Mls Name: GEMLS
Mls ID: #185957