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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 1 day ago
$ 174,900
ROI
23.4
Cash Flow/m
179- 2 Bed
- 2 Bath
- 1216 sft
612 Irvine Dr, Erie, PA, 16511
Fix & Flip
$ 250,000
ROI
27.3Cash Flow/m
522- 2 Bed
- 2 Bath
- 1470 sft
538 Virginia Ave, Erie, PA, 16505
Fix & Flip
$ 329,000
ROI
21.0Cash Flow/m
118- 3 Bed
- 3 Bath
- 1692 sft
8874 Ennis Dr, Erie, PA, 16509
Fix & Flip
$ 229,900
ROI
25.4Cash Flow/m
361- 3 Bed
- 1 Bath
- 1360 sft
470 Glenridge Rd, Erie, PA, 16509
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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