High Rental Yield Investment Properties for Sale in Modesto, CA
420- 2 Bed
- 2 Bath
- 634 sft
257- 2 Bed
- 2 Bath
- 1248 sft
765- 3 Bed
- 1 Bath
- 1016 sft
193- 3 Bed
- 2 Bath
- 1253 sft
Why Invest in Modesto, California?
Modesto, CA offers high rental yield opportunities for investors seeking strong cash flow in California's Central Valley. Proximity to the Bay Area drives demand from commuters, supporting steady occupancy. Average rents around $1,467 per month pair with affordable property prices for attractive returns. Renter-occupied housing exceeds 45%, bolstered by agriculture and manufacturing jobs. Recent rent stability with slight decreases still yields solid cap rates above 5%. Appreciation trends and population growth enhance long-term value.
Frequently Asked Questions
Modesto's proximity to the Bay Area drives commuter demand while keeping property prices lower than coastal cities. Average rents of $1,467 support yields around 7% with stable occupancy. Diverse economy in agriculture and manufacturing ensures tenant reliability.
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