Market snapshot
This report covers ZIP 16509, Erie, PA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 16509
In the last 12 months, 7 properties in ZIP 16509 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $48K in gross margin before rehab, carrying, and closing costs, with a median hold time of 189 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | S & I ELITE PROPERTY LLC | 1 |
| 2 | FULL HOUSE HOLDINGS LLC | 1 |
| 3 | KTF PROPERTIES LLC | 1 |
| 4 | RODRIGUEZ JAY | 1 |
| 5 | BOWEN DANIEL A | 1 |
Recent example
1718 W 56TH ST, ERIE, PA, 16509 · S & I ELITE PROPERTY LLC
Bought $120,000, sold $305,000 (+$185K), held 205 days.
Recent investor purchases in ZIP 16509
19 investor purchases in ZIP 16509 in the last 6 months, at a median price of $172K. 63% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 7, 2026 | 652 HILLTOP RD | PRESCOTT ESTATES LLC | $200K | Financed |
| Oct 2, 2026 | 1521 W GORE RD | ARTEL BUILDERS LLC | $86K | Cash |
| Sep 11, 2026 | 840 W GORE RD | MEOLA CAROL | $183K | Cash |
| Sep 1, 2026 | 1540 W GRANDVIEW BLVD | CW RENTAL PROPERTIES LIMITED | $140K | Financed |
| Aug 28, 2026 | 4413 HARVARD RD | AYL FINANCIAL & HOME INVESTMENTS INC | $145K | Financed |
| Aug 21, 2026 | 1664 SKYLINE DR | ACEY BRIAN T | $251K | Cash |
| Aug 19, 2026 | 515 WILSHIRE RD | ZACKS REALTY | $160K | Cash |
| Aug 18, 2026 | MARK RD | RAK PROPERTIES LLC | $55K | Cash |
| Aug 6, 2026 | PERRY HWY | ONE4RENT LLC | $70K | Cash |
| Jul 31, 2026 | 1807 KUNTZ RD | LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE INC | $1.1M | Cash |
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More of Erie
See every zip, the latest investor purchases and flips across the city on the Erie, PA fix-and-flip market report.
See every flip in 16509, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.