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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Armona, CA
Listed for sale 1 day ago
$ 239,000
ROI
24.6
Cash Flow/m
322- 2 Bed
- 1 Bath
- 832 sft
10846 Jensen St, Armona, CA, 93202
Currently Rented
$ 379,900
ROI
24.3Cash Flow/m
479- 3 Bed
- 2 Bath
- 1344 sft
13713 Crocus Way, Armona, CA, 93202
$ 320,000
ROI
20.4Cash Flow/m
60- 3 Bed
- 2 Bath
- - sft
14191 Pimo Street, Armona, CA, 93202
$ 209,900
ROI
22.9Cash Flow/m
185- 3 Bed
- 2 Bath
- 1008 sft
11404 Grant Street, Armona, CA, 93202
Why Invest in Armona, California?
Investing in Armona, CA, particularly in properties under $500k, presents an excellent opportunity. With a growing community and affordable prices, expect competitive ROI and favorable rental yields. The local market offers solid appreciation rates, making it a valuable addition to any investment portfolio.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Armona is around $1,200 per month, making it an affordable option for renters. This competitive pricing is a key driver for rental investments.
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