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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lake Elsinore, CA
$ 320,000
ROI
24.2
Cash Flow/m
393- 2 Bed
- 2 Bath
- 1195 sft
612 Parkview Dr, Lake Elsinore, CA, 92530
$ 570,000
ROI
21.4Cash Flow/m
206- 4 Bed
- 3 Bath
- 2020 sft
24060 Raptor Way, Lake Elsinore, CA, 92532
$ 480,000
ROI
20.6Cash Flow/m
116- 3 Bed
- 3 Bath
- 1633 sft
30505 Canyon Hills Rd Unit 406, Lake Elsinore, CA, 92532
Motivated Seller
$ 389,900
ROI
23.8Cash Flow/m
434- 3 Bed
- 3 Bath
- 1527 sft
1800 E Lakeshore Dr Unit 1803, 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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