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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Erie, PA
Fix & Flip
Listed for sale today
$ 120,000
ROI
24.2
Cash Flow/m
149- 4 Bed
- 1 Bath
- 1296 sft
1115 Raspberry St, Erie, PA, 16502
Fix & Flip
Listed for sale 3 days ago
$ 199,900
ROI
27.3Cash Flow/m
420- 3 Bed
- 2 Bath
- 1162 sft
2609 Frontenac Dr, Erie, PA, 16511
Fix & Flip
Listed for sale 6 days ago
$ 199,902
ROI
27.9Cash Flow/m
455- 3 Bed
- 2 Bath
- 1848 sft
2741 E 41st St, Erie, PA, 16510
Fix & Flip
$ 159,900
ROI
24.6Cash Flow/m
215- 3 Bed
- 2 Bath
- 1056 sft
417 Parkside Dr, Erie, PA, 16511
Why Invest in Erie, Pennsylvania?
Erie, PA offers strong potential for fix-and-flip investments with affordable entry prices around $150K-$200K median home values. Homes sell quickly in 15-17 days on average, supporting fast turnarounds. Recent appreciation of 3.4-7.4% annually combined with low vacancy rates around 2.9% creates favorable flip opportunities. Competitive market dynamics with homes often selling near or above list price boost ROI potential. Stable rental yields provide backup if holding longer term.
12%
Avg. ROI
7.2%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
5.5%
1Y Appreciation
Frequently Asked Questions
Yes, with median home prices $150K-$200K and quick sales in 15-17 days. Appreciation of 5%+ supports profitable flips. Low inventory favors sellers in this competitive market.
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