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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Banning, CA
Rental Income
$ 259,000
ROI
29.0
Cash Flow/m
670- 2 Bed
- 1 Bath
- 820 sft
238 Dawn Way, Banning, CA, 92220
$ 142,000
ROI
25.5Cash Flow/m
228- 4 Bed
- 2 Bath
- 1580 sft
4 E Wilson St, Banning, CA, 92220
$ 135,000
ROI
26.1Cash Flow/m
238- 2 Bed
- 2 Bath
- 1498 sft
3800 W Wilson St Space 229, Banning, CA, 92220
$ 295,000
ROI
26.2Cash Flow/m
532- 2 Bed
- 2 Bath
- 1248 sft
3800 W Wilson St Space 258, Banning, CA, 92220
Why Invest in Banning, California?
Investing in Banning, CA, offers great opportunities, especially for properties listed under $300k. With an affordable average rent of around $1,500, investors can expect positive cash flow and attractive rental yields as the area continues to grow.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Banning is approximately $1,500 per month. This amount provides an opportunity for investors looking for rental properties.
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