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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
Investment property for sale in Erie at 3707 Guilford Dr, Erie, PA, 16506 uses $113,658 cash to close to unlock $26,530/yr annual cash flow and $2,211/mo monthly cash flow. Total monthly income runs $4,786/mo, and a $1,678/mo payment keeps the spread at $2,211/mo. Purchase price stands at $342,860, and rental yield measures 16.75% with $4,786/mo rent. Return on cash invested shows 43.25% in year one, and 5% annual appreciation builds toward $94,726 over five years. Five-year ROI reaches 229.75% and total cumulative return in cash records $261,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,786/mo property income covering a $1,678/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.92 Acres lot
$N/A/sqft
No HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listing removed | $699,900 |
| 2024-07-01 | Listed for sale | $699,900 |
| 2024-06-10 | Listing removed | $N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $9050.44 | 2.04% | $342,860 | N/A |
| 2022-08-16 | $8869.79 | N/A | $342,860 | N/A |
| 2021-08-16 | $8869.79 | 300.46% | $342,860 | N/A |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1970
- Architectural Style: Contemporary
- Building Area: N/A
- Living Area: 3,610 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced air, Gas
- Cooling: Central
- Flooring: Carpet, Laminate
- Interior Features: N/A
- Exterior Features: Brick
- Parking Features: Garage - Attached
Location
- City: Erie
- Subdivision: N/A
- Lot Size: 0.92 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • N/A
Mls Name:
Mls ID: #N/A