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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Lemon Grove, CA
$ 337,000
ROI
20.4
Cash Flow/m
62- 1 Bed
- 1 Bath
- 767 sft
3635 Grove St Unit 164, Lemon Grove, CA, 91945
Rental Income
$ 950,000
ROI
21.3Cash Flow/m
309- 3 Bed
- 2 Bath
- 1539 sft
8343 Golden Ave, Lemon Grove, CA, 91945
Rental Income
$ 649,000
ROI
20.4Cash Flow/m
65- 3 Bed
- 2 Bath
- 1586 sft
7587 Roosevelt Ave, Lemon Grove, CA, 91945
$ 740,000
ROI
27.8Cash Flow/m
1563- 3 Bed
- 2 Bath
- 1410 sft
2017 El Prado Ave, 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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