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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Alturas, CA

Listed for sale 1 day ago
$ 315,000
ROI
21.8
Cash Flow/m
175- 3 Bed
- 2 Bath
- 1624 sft
3808 Pencil Rd, Alturas, CA, 96101

Listed for sale 5 days ago
$ 100,000
ROI
25.5
Cash Flow/m
159- 3 Bed
- 2 Bath
- 1727 sft
601 W 4th St, Alturas, CA, 96101

Currently Rented
Rental Income
Listed for sale 7 days ago
$ 277,000
ROI
21.4
Cash Flow/m
126- 5 Bed
- 4 Bath
- 1503 sft
212 N East St, Alturas, CA, 96101

$ 420,000
ROI
26.1
Cash Flow/m
746- 4 Bed
- 3 Bath
- 2000 sft
227 Lauer Rd, Alturas, CA, 96101
Why Invest in Alturas, California?
Investing in properties under $500k in Alturas, CA presents great potential for growth. With an average rental yield of 7.5% and an appreciation rate of 3.5% annually, this small town is an attractive option for buyers looking for solid returns. The region boasts a cap rate of 6.0% and an average cash flow of $250 a month, making it a favorable location for real estate investment.
15%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average cost of homes in Alturas, CA is currently around $450,000, which makes it a viable market for investors looking for properties under $500k.
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