1201-03 E Lake Rd, Erie, PA 16507

1 bd · 2 ba · 2,256 sqft · built 1914 · Erie · CONDOS·source listing ↗

$99,900

rent, three ways

OnePercent model (vv1)$2,099/mo

p10–p90 confidence band

HUD Fair Market Rent · 16507 · 1BR$990/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Erie

Flood risk indexVery Low FEMA NRI

Median household income$33,361

Median area rent$992/mo

Median home value$66,400

Intrinsic value · income approach

$163,582

39% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.