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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Erie, MI

Fix & Flip
Motivated Seller
$ 129,900
ROI
24.4
Cash Flow/m
166- 3 Bed
- 1 Bath
- 1226 sft
1100 Watson St, Erie, MI, 48133

Fix & Flip
$ 179,900
ROI
31.2
Cash Flow/m
573- 3 Bed
- 1 Bath
- 1140 sft
3344 Cousino Rd, Erie, MI, 48133

Fix & Flip
$ 239,900
ROI
24.2
Cash Flow/m
297- 3 Bed
- 2 Bath
- 1654 sft
3028 Morin Point St, Erie, MI, 48133
or
Here are some other similar properties you might be interested in:
Listed for sale 2 days ago
$ 100,000
ROI
24.5
Cash Flow/m
133- 3 Bed
- 1 Bath
- 1110 sft
24540 Wagner Ave, Warren, MI, 48089

Fix & Flip
Listed for sale 2 days ago
$ 100,000
ROI
23.4
Cash Flow/m
101- 5 Bed
- 3 Bath
- 2061 sft
1233 Concord St, Detroit, MI, 48207

Fix & Flip
Listed for sale 5 days ago
$ 100,000
ROI
24.0
Cash Flow/m
117- 2 Bed
- 1 Bath
- 1112 sft
2375 Tamarack St, Lake Odessa, MI, 48849

Listed for sale 5 days ago
$ 100,000
ROI
23.5
Cash Flow/m
105- 3 Bed
- 2 Bath
- 1232 sft
19039 Deering St, Livonia, MI, 48152

Airbnb Potential
Listed for sale 5 days ago
$ 100,000
ROI
24.9
Cash Flow/m
142- 3 Bed
- 2 Bath
- 1850 sft
380 Hemlock St, Republic, MI, 49879

Fix & Flip
$ 100,000
ROI
24.5
Cash Flow/m
131- 2 Bed
- 1 Bath
- 1143 sft
164 Deming Rd, Shelby, MI, 49455

Fix & Flip
$ 100,000
ROI
23.5
Cash Flow/m
104- 2 Bed
- 1 Bath
- 924 sft
5175 Mancelona Rd, Mancelona, MI, 49659

$ 100,000
ROI
24.4
Cash Flow/m
129- 2 Bed
- 2 Bath
- 1252 sft
450 Minerva St, Eaton Rapids, MI, 48827

$ 100,000
ROI
24.7
Cash Flow/m
138- 2 Bed
- 1 Bath
- 1020 sft
26809 Dartmouth St, Inkster, MI, 48141

$ 100,000
ROI
(3.1)
Gross Rent Yield
9.6
- 3 Bed
- 2 Bath
- 1275 sft
13813 Shamrock Ln NE, Cedar Springs, MI, 49319

$ 100,000
ROI
24.0
Cash Flow/m
117- 2 Bed
- 1 Bath
- 960 sft
1709 S Pennsylvania Ave, Lansing, MI, 48910

Airbnb Potential
$ 100,000
ROI
23.4
Cash Flow/m
103- 2 Bed
- 1 Bath
- 704 sft
121 Sandpiper Ave, Houghton Lake, MI, 48629

$ 100,000
ROI
23.2
Cash Flow/m
96- 2 Bed
- 1 Bath
- 672 sft
111 E 6th St, Pinconning, MI, 48650

$ 100,000
ROI
23.0
Cash Flow/m
92- 1 Bed
- 1 Bath
- 700 sft
1201 W Moore Rd, Grant, MI, 49327

$ 100,000
ROI
23.7
Cash Flow/m
111- 2 Bed
- 1 Bath
- 937 sft
2988 Sharp Rd, Adrian, MI, 49221

$ 100,000
ROI
24.2
Cash Flow/m
125- 3 Bed
- 2 Bath
- 1520 sft
8890 Zion Rd, Rives Junction, MI, 49277

Fix & Flip
$ 100,000
ROI
24.5
Cash Flow/m
133- 3 Bed
- 1 Bath
- 966 sft
15 4th St, Plainwell, MI, 49080

$ 100,000
ROI
24.5
Cash Flow/m
133- 3 Bed
- 1 Bath
- 2120 sft
440 Mill St, Constantine, MI, 49042

Fix & Flip
$ 100,000
ROI
32.1
Cash Flow/m
343- 5 Bed
- 3 Bath
- 1810 sft
124 W Pine St, Cadillac, MI, 49601

$ 100,000
ROI
24.3
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1600 sft
157 Harrison St, Manistee, MI, 49660

Motivated Seller
$ 100,000
ROI
24.6
Cash Flow/m
135- 3 Bed
- 1 Bath
- 1048 sft
519 W Main St, Hartford, MI, 49057

$ 100,000
ROI
24.2
Cash Flow/m
125- 1 Bed
- 1 Bath
- 600 sft
8312 W Burdock Ave, Baldwin, MI, 49304

Fix & Flip
$ 100,000
ROI
24.2
Cash Flow/m
124- 2 Bed
- 1 Bath
- 887 sft
2638 S Five Mile Rd, Midland, MI, 48640

Fix & Flip
$ 100,000
ROI
24.6
Cash Flow/m
135- 2 Bed
- 1 Bath
- 960 sft
3160 Valley View Dr, Afton, MI, 49705
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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