Fix And Flip Investment Properties for Sale in Erie, MI
Fix & Flip
$ 179,900
ROI
24.0
Cash Flow/m
211- 4 Bed
- 2 Bath
- 1432 sft
9457 Perry Rd, Erie, MI, 48133
Fix & Flip
Motivated Seller
$ 129,900
ROI
24.4Cash Flow/m
166- 3 Bed
- 1 Bath
- 1226 sft
1100 Watson St, Erie, MI, 48133
Fix & Flip
$ 179,900
ROI
31.2Cash Flow/m
573- 3 Bed
- 1 Bath
- 1140 sft
3344 Cousino Rd, Erie, MI, 48133
Fix & Flip
$ 239,900
ROI
24.2Cash Flow/m
297- 3 Bed
- 2 Bath
- 1654 sft
3028 Morin Point St, Erie, MI, 48133
Why Invest in Erie, Michigan?
Fix and flip opportunities in Erie, MI offer investors a chance to capitalize on below-market home prices with promising returns. This segment reflects a competitive average ROI driven by steady regional appreciation and a stable rental market. Local cap rates hover around 7.5%, providing a balanced risk-to-reward profile. The average cash flow for flippers benefits from a currently moderate 5% rental yield and steady demand from renter-occupied properties.
9.5%
Avg. ROI
5%
Rental Yield
7.5%
Cap Rate
$600/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix and flip investments in Erie stabilizes around 9.5%, reflecting solid market conditions and moderate appreciation rates.
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