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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Elk Grove, CA
Listed for sale 3 days ago
$ 299,999
ROI
21.3
Cash Flow/m
124- 1 Bed
- 1 Bath
- 767 sft
9444 Harbour Point Dr APT 264, Elk Grove, CA, 95758
$ 260,000
ROI
21.5Cash Flow/m
128- 2 Bed
- 1 Bath
- 795 sft
8951 El Mirador Dr APT 1, Elk Grove, CA, 95624
$ 365,000
ROI
20.5Cash Flow/m
75- 2 Bed
- 2 Bath
- 1039 sft
5201 Laguna Oaks Dr Unit 191, Elk Grove, CA, 95758
$ 345,000
ROI
21.5Cash Flow/m
163- 2 Bed
- 2 Bath
- 1039 sft
5201 Laguna Oaks Dr Unit 156, Elk Grove, CA, 95758
Why Invest in Elk Grove, California?
Investing in condos in Elk Grove, CA offers a unique opportunity due to its rapidly growing economy and vibrant community. With an average ROI around 8% and strong rental yields of 6%, the market is favorable for condo investments. The average cash flow stands at $1,200, and the area's rental rates have appreciated significantly over the past few years.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Elk Grove is approximately $2,500 per month. This reflects the demand for comfortable living spaces in this growing community.
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