Under $300K Investment Properties for Sale in Bakersfield, CA
618- 3 Bed
- 1 Bath
- 974 sft
84- 2 Bed
- 1 Bath
- 1386 sft
631- 3 Bed
- 1 Bath
- - sft
201- 3 Bed
- 1 Bath
- 1052 sft
Why Invest in Bakersfield, California?
Discover investment opportunities in Bakersfield, CA properties under $300k. This price range offers entry-level single-family homes and smaller multifamily units with strong rental demand. Average rental yield around 7-8% beats many CA markets, driven by oil and agriculture jobs. Cap rates hover at 6-7% with moderate 3-4% annual appreciation. Renter-occupied units exceed 40%, ensuring steady cash flow for investors. Affordable entry supports higher ROI in this growing Central Valley hub.
Frequently Asked Questions
Yes, single-family homes and duplexes under $300k exist in established neighborhoods. These offer solid rental yields due to high renter demand. Focus on areas near employment hubs for best cash flow.
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