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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Delano, CA
$ 275,000
ROI
22.3
Cash Flow/m
194- - Bed
- - Bath
- 768 sft
907 Lexington St, Delano, CA, 93215
Fix & Flip
Motivated Seller
Rental Income
$ 200,000
ROI
30.5Cash Flow/m
600- - Bed
- - Bath
- 834 sft
121 Glenwood St, Delano, CA, 93215
Fix & Flip
$ 300,000
ROI
22.8Cash Flow/m
257- - Bed
- - Bath
- 1092 sft
125 Glenwood St, Delano, CA, 93215
$ 449,000
ROI
23.0Cash Flow/m
403- - Bed
- - Bath
- 2183 sft
1405 Dover Pl, Delano, CA, 93215
Why Invest in Delano, California?
Investing in multifamily properties in Delano, CA, offers a unique opportunity due to the city's growing rental market. With an average rent of approximately $1,400 and a renter-occupied rate of 90%, investors can expect strong cash flow and stable returns. Coupled with a cap rate of 6.5% and an appreciation rate of 4% annually, Delano is becoming a sought-after location for multifamily investments.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in multifamily properties in Delano can provide strong cash flow and a high rental yield due to the city's growing population and demand for rental housing. The area's economic stability and low vacancy rates present additional advantages.
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