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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Altadena, CA
Listed for sale 3 days ago
$ 890,000
ROI
22.2
Cash Flow/m
533- 3 Bed
- 2 Bath
- 1358 sft
2243 Casitas Ave, Altadena, CA, 91001
$ 850,000
ROI
22.7Cash Flow/m
609- 3 Bed
- 2 Bath
- 1560 sft
428 Parkman St, Altadena, CA, 91001
$ 697,000
ROI
22.4Cash Flow/m
443- 3 Bed
- 1 Bath
- 1136 sft
147 W Las Flores Dr, Altadena, CA, 91001
$ 850,000
ROI
26.8Cash Flow/m
1581- 4 Bed
- 3 Bath
- 1876 sft
660 Devirian Pl, Altadena, CA, 91001
Why Invest in Altadena, California?
Investing in Altadena, CA, can be particularly lucrative with high rental yields on properties. The area boasts an average rental yield of 5.5% and a competitive cap rate of 6.2%, making it an attractive option for real estate investors. Furthermore, with an appreciation rate of 8% and average rents around $2,500, the potential for cash flow is substantial.
12%
Avg. ROI
5.5%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
8%
1Y Appreciation
Frequently Asked Questions
Investing in Altadena offers strong rental yields and a growing population, making it a prime location for real estate investments. Additionally, low vacancy rates and a high demand for rentals contribute to ongoing cash flow.
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