Under $500K Investment Properties for Sale in Modesto, CA
420- 2 Bed
- 2 Bath
- 634 sft
45- 3 Bed
- 2 Bath
- 1009 sft
257- 2 Bed
- 2 Bath
- 1248 sft
765- 3 Bed
- 1 Bath
- 1016 sft
Why Invest in Modesto, California?
Discover investment opportunities in Modesto, CA under $500k, offering accessible entry into a growing Central Valley market. Properties here provide solid **rental yields** around 6-7% with average rents supporting steady cash flow. **Cap rates** hover at 5-6%, bolstered by population growth and job stability in agriculture and logistics. Annual **appreciation** of 4-5% reflects regional demand, making these assets attractive for long-term investors. Low vacancy rates under 5% ensure reliable occupancy in this renter-heavy area.
Frequently Asked Questions
Investors can expect average ROI around 8-9% with rental yields of 6-7% on single-family homes. Cash flow averages $400-500 monthly after expenses. Appreciation of 4-5% annually adds to total returns in this stable market.
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