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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Erie, MI
$ 259,900
ROI
23.1
Cash Flow/m
243- 3 Bed
- 2 Bath
- 1400 sft
1255 Sterns Rd, Erie, MI, 48133
$ 349,900
ROI
23.5Cash Flow/m
359- 4 Bed
- 2 Bath
- 2238 sft
978 Streetman St, Erie, MI, 48133
$ 299,000
ROI
20.4Cash Flow/m
54- 3 Bed
- 1 Bath
- 1875 sft
10104 Bay Creek Rd, Erie, MI, 48133
$ 179,000
ROI
31.0Cash Flow/m
560- 3 Bed
- 1 Bath
- 1216 sft
2042 Wilson Dr, Erie, MI, 48133
Why Invest in Erie, Michigan?
Investing in high ROI properties in Erie, MI offers a unique opportunity driven by stable rental yields and growing appreciation rates. This area has demonstrated an average ROI of over 8%, with cap rates favorable for cash flow investors. Rental yields average around 7%, with consistent renter occupancy near 93%. The local market benefits from a steady increase in average rent, making it attractive for long-term investment portfolios.
8.2%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Erie offers stable rental yields, low vacancy rates, and consistent appreciation, supported by strong employment and economic fundamentals.
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