8724 Robin Dr,Erie,PA,16509

Investment Highlights

Investment property for sale in Erie at 8724 Robin Dr, Erie, PA, 16509 listed at $299,900 pairs $2,240/mo rent with a $1,468/mo payment to leave $275/mo cash flow. Total monthly income runs $2,240/mo, and annual cash flow reaches $3,296/yr on $99,417 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 8.96% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 121.11% and total cumulative return in cash totals $120,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,240/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).