REI Lense

REI Lense

Erie, PA Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Erie, PA. Based on 15+ datapoints.

Erie, PA Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

7%

Avg Cash on Cash

-0.4%

Median Cashflow

$48/mo

Avg Rent Estimate

$2,876/mo

Avg Price

$254,936

Price Range

$69,900 - $388,700

Rent to Price

1.13%

strong ratio

Positive Cashflow

64%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Erie, PA

Erie, PA is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 15+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -0.4%.

Across 15+ analyzed properties, Erie, PA mid-term rental investments show a median monthly cashflow of $48 with average furnished rent estimates of $2,876/month. These figures reflect real property data, not projections.

1664 Skyline Dr, Erie, PA 16509

Price

$265,900

Rent

$2,696

CachFlow

-$107

CoC

-1.74

Full Analysis

5940 Shady Hollow Dr, Erie, PA 16506

Price

$604,900

Rent

$4,452

CachFlow

-$1,025

CoC

-8.48

Full Analysis

2258 Saint Andrew Dr, Erie, PA 16509

Price

$249,900

Rent

$2,914

CachFlow

$183

CoC

3.12

Full Analysis

2806 Melrose Ave, Erie, PA 16508

Price

$186,100

Rent

$2,184

CachFlow

$99

CoC

2.08

Full Analysis

4909 Wattsburg Rd, Erie, PA 16504

Price

$338,000

Rent

$2,574

CachFlow

-$379

CoC

-5.11

Full Analysis
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Erie, PA Mid-Term Rental Market Insights

  • Positive median cashflow of $48/month indicates most investors cover expenses
  • 7% median cap rate reflects a balanced risk-return profile
  • 64% positive cashflow rate means roughly half properties are cash-flow positive
  • Moderately priced market with properties from $69,900 to $388,700
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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