8388 Peach StEriePA16509
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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 8388 Peach St, Erie, PA, 16509 generates $1,510/mo in rent and, after a $676/mo payment, leaves $547/mo in cash flow. Total monthly income is $1,510/mo, and annual cash flow is $6,568/yr on $45,813 invested. Return on cash invested sits at 34.25% in year one, and rental yield is 13.11% on a $138,200 entry. Equity gained on principal adds $892/yr, while 5% annual appreciation builds toward $38,182 over five years. Five-year ROI reaches 180.83% and total cumulative return in cash sums $82,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,510/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
4.87 Acres 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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