Multi-Family Investment Properties in Erie, CO | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Erie, CO

Property at 340 Nighthawk St, Erie, CO
$ 550,990
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign389
  • 3 Bed
  • 3 Bath
  • 1671 sft
340 Nighthawk St, Erie, CO, 80516
Property at 304 Horned Lark St, Erie, CO
$ 574,990
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign249
  • 3 Bed
  • 3 Bath
  • 1963 sft
304 Horned Lark St, Erie, CO, 80516
Property at 290 Nighthawk St, Erie, CO
$ 547,990
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign406
  • 3 Bed
  • 3 Bath
  • 1672 sft
290 Nighthawk St, Erie, CO, 80516
Property at 274 Nighthawk St, Erie, CO
$ 571,990
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign288
  • 3 Bed
  • 3 Bath
  • 1885 sft
274 Nighthawk St, Erie, CO, 80516

Why Invest in Erie, Colorado?

Investing in multi-family properties in Erie, CO can be an excellent opportunity due to its steady growth and promising rental market. The area boasts a strong rental yield of around 6.5%, with an average cash flow exceeding $350 per unit monthly, making it attractive for both new and seasoned investors. As the population grows, demand for rental housing continues to rise, contributing to sustained appreciation and occupancy rates.

8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$350/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rent for multi-family units in Erie is approximately $1,800 per month, reflecting the strong demand within the area.

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