Owner
$185,649
4167 ZIMMERMAN RD, ERIE, PA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
1
sq. ft.
1,412
property type
Single Family Residential
hoa
No
About
Residential
Living Area
Detached Garage
1 Story
Full Basement
Central
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1951
Building Size
1,412 sq ft
Lot Size
15,499 sq ft
Lot Size (Acres)
0.36 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
18-052-047.0-200.00
County
Erie County, PA
Metro Area
Erie, PA
Zoning
R1
Neighborhood/Subdivision
GARDEN HEIGHTS SUBDIVISION #1
Lot Number
—
School District
Erie City School District
Legal Description
4167 ZIMMERMAN RD IRR
Tax & Value Information
Market Value (Total)
$92,210
Building Value
$67,010
Land Value
$25,200
Annual Property Tax
—
Tax Assessment Year
2024
Assessed Value
$92,210
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$7,184
Return on Investment
15.60%
After Repair Value
$204,214
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$167,084
Renovation Cost
$9,282
Closing Costs (buying)
$3,342
Holding Costs
$5,069
Selling Costs
$12,253
Total Investment
$46,041
After Repair Value (ARV)
$204,214
Total Costs
$197,030
Estimated Profit
$7,184
Cash Invested
$42,699
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area