Single Family Investment Properties for Sale in Erie, MI

$ 139,900
ROI
24.3
Cash Flow/m
178- 2 Bed
- 1 Bath
- 953 sft
991 Streetman St, Erie, MI, 48133

Fix & Flip
$ 179,900
ROI
24.0
Cash Flow/m
211- 4 Bed
- 2 Bath
- 1432 sft
9457 Perry Rd, Erie, MI, 48133

$ 315,000
ROI
22.1
Cash Flow/m
206- 4 Bed
- 3 Bath
- 2152 sft
11210 S Dixie Hwy, Erie, MI, 48133

$ 259,900
ROI
23.1
Cash Flow/m
243- 3 Bed
- 2 Bath
- 1400 sft
1255 Sterns Rd, Erie, MI, 48133
Why Invest in Erie, Michigan?
Investing in single-family homes in Erie, MI offers promising opportunities for real estate investors seeking stable returns. This niche benefits from a solid average rental yield and consistent appreciation rates in the local market. The area’s average ROI and cap rates make single-family properties an attractive option for steady cash flow. Additionally, Erie’s renter-occupied housing maintains a healthy demand, supporting long-term investment stability.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Erie, MI is approximately 8.5%, reflecting a stable and profitable investment climate.
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