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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elk Grove, CA
$ 165,000
ROI
26.4
Cash Flow/m
305- 3 Bed
- 2 Bath
- 1440 sft
1 Calle Margarita, Elk Grove, CA, 95624
$ 115,000
ROI
24.6Cash Flow/m
155- 2 Bed
- 2 Bath
- - sft
97 Calle Anta, Elk Grove, CA, 95624
$ 160,000
ROI
26.1Cash Flow/m
283- 3 Bed
- 2 Bath
- 1590 sft
119 Calle Maria, Elk Grove, CA, 95624
$ 120,000
ROI
25.3Cash Flow/m
184- 2 Bed
- 2 Bath
- 1344 sft
60 Calle Margarita, Elk Grove, CA, 95624
Why Invest in Elk Grove, California?
Investing in Elk Grove, CA, offers opportunities for affordable housing under $300k. The area's rental market has shown a solid demand, with a rental yield of around 6% and an average cash flow of $200 per month. Consider this area for its potential appreciation and strong renter-occupied rates, which make it an attractive choice for investors looking for stable returns.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average price of homes in Elk Grove varies, but currently, many properties can be found under $300k, making it an attractive market for first-time homebuyers.
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