High Rental Yield Investment Properties for Sale in Erie, PA
520- 5 Bed
- 3 Bath
- 2396 sft
55- 4 Bed
- 4 Bath
- 2576 sft
148- 3 Bed
- 1 Bath
- 1246 sft
184- 3 Bed
- 2 Bath
- 1330 sft
Why Invest in Erie, Pennsylvania?
Erie, PA stands out for its **high rental yield** properties, offering investors exceptional cash flow potential. With average gross yields reaching 14.6%, far above the national average of 6.1%, Erie combines affordable home prices around $265,000 with strong rental demand. Average rents hover at $940 monthly, 42% below national levels, while recent growth of 1-14% signals rising income. Stable sectors like healthcare and manufacturing ensure consistent occupancy, making it ideal for long-term holds.
Frequently Asked Questions
Erie offers gross rental yields of 14.6%, driven by low property prices around $265k and average rents of $940. Strong demand from healthcare, manufacturing, and tourism ensures high occupancy. Investors enjoy cash flows surpassing national averages.
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