Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Based on 5.93% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 6.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Decatur, IL Decatur, IL | 85 | $118,242 | $1,021 | 10.36% | Strong Buy | View | |
Connersville, IN Connersville, IN | 82 | $158,083 | Est. | Strong Buy | View | ||
Indiana, PA Indiana, PA | 82 | $158,790 | $1,376 | 10.40% | Strong Buy | View | |
Paducah, KY Paducah, KY | 82 | $165,710 | $1,291 | 9.35% | Strong Buy | View | |
Danville, IL Danville, IL | 81 | $93,319 | $815 | 10.48% | Strong Buy | View | |
Current Erie, PA | 70 | $211,724 | $1,047 | 5.93% | Buy |
The Erie, PA metro area scores 70/100, ranking #194 of 894 US metros (top 22%). The 5.93% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.
Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.