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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mentone, CA
$ 310,000
ROI
23.8
Cash Flow/m
347- 3 Bed
- 2 Bath
- 944 sft
1365 Crafton Ave APT 2101, Mentone, CA, 92359
Airbnb Potential
Rental Income
$ 240,000
ROI
22.4Cash Flow/m
176- 1 Bed
- 1 Bath
- 716 sft
1365 Crafton Ave APT 1089, Mentone, CA, 92359
$ 242,500
ROI
28.8Cash Flow/m
611- 1 Bed
- 1 Bath
- 716 sft
1365 Crafton Ave APT 1106, Mentone, CA, 92359
$ 322,500
ROI
24.9Cash Flow/m
460- 3 Bed
- 2 Bath
- 1104 sft
1365 Crafton Ave APT 2073, Mentone, CA, 92359
Why Invest in Mentone, California?
Investing in condos in Mentone, CA, offers an excellent opportunity for returns. With an average rental yield around 6%, and a cap rate of 5.2%, the market is ripe for those looking to generate cash flow. Additionally, the area appeals to renters due to its affordable housing options and proximity to larger cities.
8%
Avg. ROI
6%
Rental Yield
5.2%
Cap Rate
$1500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Mentone is approximately $2,200 per month, making it a competitively priced market for renters.
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