Champion 9 Holly Acres Plan, Holly Acres,Erie,PA,16509

Investment Highlights

Investment property for sale in Erie at Champion 9 Holly Acres Plan, Holly Acres, Erie, PA, 16509 listed at $158,900 pairs $2,237/mo rent with a $778/mo payment to leave $1,195/mo cash flow. Total monthly income runs $2,237/mo, and annual cash flow reaches $14,346/yr on $52,675 cash to close. Return on cash invested measures 47.14% in year one, and rental yield registers 16.89% at a $158,900 basis. Equity gained on principal adds $1,025/yr, and annual property appreciation at 5% supports $43,901 by year five. Five-year ROI tracks 249.39% and total cumulative return in cash totals $131,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,237/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).