Under $300K Investment Properties for Sale in Cathedral City, CA
Listed for sale 4 days ago
$ 184,200
ROI
24.9
Cash Flow/m
264- 3 Bed
- 2 Bath
- 1440 sft
302 Avenida Andorra, Cathedral City, CA, 92234
Listed for sale 6 days ago
$ 120,000
ROI
25.4Cash Flow/m
189- 2 Bed
- 2 Bath
- 1488 sft
42 Coble Dr, Cathedral City, CA, 92234
$ 269,000
ROI
21.6Cash Flow/m
138- 3 Bed
- 3 Bath
- 1909 sft
447 Paseo Perdido, Cathedral City, CA, 92234
$ 128,900
ROI
25.2Cash Flow/m
194- 2 Bed
- 2 Bath
- 1862 sft
119 Mount Ararat Dr, Cathedral City, CA, 92234
Why Invest in Cathedral City, California?
Investing in Cathedral City offers the unique opportunity to acquire properties under $300,000, making it an attractive market for first-time homebuyers and investors alike. With a rising rental yield and a stable average cash flow, investors can benefit from a flourishing rental market. The city showcases a 4% appreciation rate, appealing to those focusing on long-term investment potential.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Cathedral City is thriving, with rental rates increasing by about 5% annually. With a strong demand for rental properties, the city provides excellent opportunities for investors.
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