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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 3 days ago
$ 125,000
ROI
24.8
Cash Flow/m
176- 2 Bed
- 1 Bath
- 884 sft
314 Lake Ave, Erie, PA, 16511
Fix & Flip
Listed for sale 6 days ago
$ 129,999
ROI
24.3Cash Flow/m
164- 3 Bed
- 1 Bath
- 1008 sft
2352 Fairmount Pkwy, Erie, PA, 16510
Fix & Flip
$ 139,900
ROI
24.1Cash Flow/m
170- 4 Bed
- 2 Bath
- 1608 sft
1358 W 21st St, Erie, PA, 16502
Fix & Flip
$ 132,000
ROI
23.6Cash Flow/m
142- 3 Bed
- 1 Bath
- 1373 sft
2626 Plum St, Erie, PA, 16508
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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