8675 Oriole DrEriePA16509
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8675 Oriole Dr, Erie, PA, 16509 in Erie speaks for itself: 10.77% gross on a $299,900 price, generating $2,692/mo in rent and $726/mo in net income after the $1,349/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,717 stacks alongside $82,857 in projected five-year appreciation and $2,762/yr in principal reduction. Projected total cumulative return: $160,951.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.8% |
| Monthly Cash Flow | $726 | $450 |
City averages based on Erie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,692 |
| Total Monthly Debt Service | $1,846 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Kleppick • Keller Williams Realty
Mls Name: GEMLS
Mls ID: #188121