Under $100K Investment Properties for Sale in Erie, MI
93- 2 Bed
- 1 Bath
- 720 sft
132- 3 Bed
- 1 Bath
- 1485 sft
124- 2 Bed
- 1 Bath
- 1080 sft
389- 6 Bed
- 1 Bath
- 2350 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
-- 3 Bed
- 2 Bath
- 1152 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
139- 3 Bed
- 1 Bath
- 929 sft
100- 2 Bed
- 1 Bath
- 780 sft
101- 3 Bed
- 2 Bath
- 1941 sft
Why Invest in Erie, Michigan?
Investing in under $100k properties in Erie, MI offers a unique opportunity to tap into a market with solid rental yields and steady appreciation. The area benefits from a cap rate of approximately 7.5%, ensuring attractive cash flow for investors. Average cash flow remains favorable due to moderate average rents around $850, supporting consistent income streams. With renter-occupied units comprising roughly 54%, demand for affordable rental properties is robust. Awareness of local economic factors powered by strong employment and labor markets further bolsters investment confidence.
Frequently Asked Questions
Properties under $100k in Erie primarily include single-family homes and smaller multi-family units ideal for first-time investors looking for affordable entry points.
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