Condo Investment Properties for Sale in Lake Elsinore, CA
$ 299,900
ROI
23.2
Cash Flow/m
284- 2 Bed
- 2 Bath
- 791 sft
16377 Lakeshore Dr, Lake Elsinore, CA, 92530
$ 324,900
ROI
21.0Cash Flow/m
117- 2 Bed
- 3 Bath
- 785 sft
16377 Lakeshore Dr Unit 6K, Lake Elsinore, CA, 92530
$ 289,999
ROI
24.0Cash Flow/m
341- 2 Bed
- 2 Bath
- 791 sft
16377 Lakeshore Dr Unit 2F, Lake Elsinore, CA, 92530
$ 320,000
ROI
21.6Cash Flow/m
161- 2 Bed
- 2 Bath
- 1150 sft
679 Parkview Dr, Lake Elsinore, CA, 92530
Why Invest in Lake Elsinore, California?
Investing in Lake Elsinore condos offers a unique opportunity to tap into a growing real estate market. With an average rent of $1,750 and strong rental yields around 6.5%, this area is attracting both investors and renters alike. The city's appeal includes its picturesque lake and lower vacancy rates, making it an ideal place for long-term investment.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1750/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Lake Elsinore is approximately $1,750, making it a competitive rental market.
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