Under $100K Investment Properties for Sale in Erie, MI
128- 2 Bed
- 1 Bath
- - sft
96- 2 Bed
- 1 Bath
- 1045 sft
137- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 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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