Fix And Flip Investment Properties for Sale in Erie, PA
Fix & Flip
Listed for sale 5 days ago
$ 114,900
ROI
23.5
Cash Flow/m
119- 3 Bed
- 1 Bath
- 1358 sft
3111 Plum St, Erie, PA, 16508
Fix & Flip
$ 189,900
ROI
31.1Cash Flow/m
598- 3 Bed
- 2 Bath
- 1374 sft
849 Hilltop Rd, Erie, PA, 16509
Fix & Flip
$ 120,000
ROI
24.2Cash Flow/m
150- 2 Bed
- 1 Bath
- 991 sft
1372 W 32nd St, Erie, PA, 16508
Fix & Flip
$ 265,000
ROI
20.6Cash Flow/m
64- 5 Bed
- 5 Bath
- 4196 sft
1630 W Gore 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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