8675 Oriole Dr,Erie,PA,16509

Investment Highlights

Rental property for sale in Erie at 8675 Oriole Dr, Erie, PA, 16509 generates $2,692/mo in rent and, after a $1,468/mo payment, leaves $727/mo in cash flow. Total monthly income is $2,692/mo, and annual cash flow is $8,720/yr on $99,417 invested. Return on cash invested sits at 28.68% in year one, and rental yield is 10.77% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 150.37% and total cumulative return in cash sums $149,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,692/mo property income rather than buyer’s personal income.