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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lemon Grove, CA
Listed for sale 4 days ago
$ 799,999
ROI
21.1
Cash Flow/m
223- 4 Bed
- 2 Bath
- 1716 sft
6964 Mount Vernon St, Lemon Grove, CA, 91945
$ 819,900
ROI
20.6Cash Flow/m
131- 3 Bed
- 2 Bath
- 1437 sft
2145 Camino De Las Palmas, Lemon Grove, CA, 91945
Fix & Flip
$ 829,000
ROI
23.4Cash Flow/m
758- 3 Bed
- 2 Bath
- 1827 sft
2463 Hardy Dr, Lemon Grove, CA, 91945
Rental Income
$ 839,900
ROI
21.3Cash Flow/m
295- 4 Bed
- 3 Bath
- 1586 sft
2438 Washington St, Lemon Grove, CA, 91945
Why Invest in Lemon Grove, California?
Investing in Lemon Grove, CA, presents a unique opportunity, particularly in the multifamily sector. This area boasts impressive rental yields in a growing market, with an average ROI that attracts seasoned investors. With an appreciation rate of around 6% and a rental market that's over 65% occupied, it's a promising place for those looking for solid returns.
8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
6%
1Y Appreciation
Frequently Asked Questions
Lemon Grove has been experiencing a steady rise in rental rates, with an average increase of about 4% annually. This growth reflects the demand for housing in the area due to its proximity to San Diego.
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