Best ZIP Codes for Cash Flow in Erie, PA (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 16503 1% rule Erie, PA $71,458 $800 8.73% 8.6%
2 16507 1% rule Erie, PA $107,015 $1,116 8.13% 8.6%
3 16504 Erie, PA $157,670 $1,241 6.14% 9.1%
4 16502 Erie, PA $131,719 $900 5.33% 8.8%
5 16407 Corry, PA $160,884 $981 4.76% 4.8%
6 16430 North Springfield, PA $202,237 $1,224 4.72% 5.1%
7 16508 Erie, PA $171,948 $1,036 4.70% 9.2%
8 16411 East Springfield, PA $206,049 $1,233 4.67% 6.8%
9 16415 Fairview, PA $384,838 $2,273 4.61% 7.6%
10 16506 Erie, PA $298,045 $1,729 4.53% 7.6%
11 16511 Erie, PA $209,222 $1,206 4.50% 8.2%
12 16438 Union City, PA $168,192 $945 4.38% 4.6%
13 16510 Erie, PA $211,987 $1,144 4.21% 7.6%
14 16442 Wattsburg, PA $276,162 $1,386 3.91% 6.8%
15 16423 Lake City, PA $213,571 $1,008 3.68% 7.4%
16 16443 West Springfield, PA $226,382 $1,008 3.47% 6.1%
17 16509 Erie, PA $275,773 $1,223 3.46% 8.0%
18 16401 Albion, PA $207,799 $909 3.41% 6.1%
19 16410 Cranesville, PA $250,824 $1,053 3.27% 6.6%
20 16421 Harborcreek, PA $261,911 $1,026 3.06% 6.8%
21 16417 Girard, PA $234,353 $909 3.03% 6.7%
22 16441 Waterford, PA $319,780 $1,215 2.96% 6.7%
23 16412 Edinboro, PA $303,226 $1,089 2.80% 6.7%
24 16426 Mc Kean, PA $313,429 $1,125 2.80% 7.1%
25 16428 North East, PA $270,768 $954 2.75% 7.5%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Erie, PA  ·  Affordable in Erie, PA

Or see the full Erie, PA metro profile.