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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Erie, MI
$ 285,000
ROI
20.7
Cash Flow/m
73- 3 Bed
- 2 Bath
- 1613 sft
7109 Iroquois St, Erie, MI, 48133
$ 235,000
ROI
26.5Cash Flow/m
439- 3 Bed
- 2 Bath
- 1520 sft
2361 Manhattan St, Erie, MI, 48133
$ 162,500
ROI
26.2Cash Flow/m
290- 2 Bed
- 1 Bath
- 784 sft
3123 Clayton St, Erie, MI, 48133
$ 200,000
ROI
29.0Cash Flow/m
515- 3 Bed
- 1 Bath
- 1107 sft
2500 Candace St, 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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