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Price: $300K - 500K
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Home Type: Single Family
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$229,900  
2 bds • 2 ba • 1203 sqft
4104 Greenway Dr, Erie, PA, 16506
9.5%
Gross Yield
24.6%
ROI
$1,817 /m
Est. Rent
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Erie at 4104 Greenway Dr, Erie, PA, 16506 earns $311/mo cash flow from $1,817/mo rent with a $1,125/mo payment. Total monthly income totals $1,817/mo, and annual cash flow totals $3,729/yr on $76,212 capital. ROI tracks 24.8% on current figures, and rental yield reads 9.48% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 129.57% and total cumulative return in cash sums $98,747. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,817/mo property income instead of your personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

This one story well maintained condo features 2 car attached garage, cozy patio and a wonderful front porch overlooking desirable Millcreek neighborhood in Forest Hills. This property is conveniently located near all the amenities you need! The interior features living room and a walk out to your patio, two full baths, a cozy den or formal dining room, 2 nice sized bedrooms and first floor laundry. There is a full, clean basement with lots of storage. The association is in process of replacing all roofs- several each year will be completed. Seller is offering a 1 year home warranty transferable to the buyer.

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MLO
MLO
MLO
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: Condo
  • Year Built: 1989
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Garage

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: N/A
  • 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: Stephanie Montgomery • Coldwell Banker Select - Airport 

Mls Name: GEMLS

Mls ID: #188648

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