Investment Properties for Sale in Monterey, CA
$ 615,000
ROI
22.3
Cash Flow/m
376- 2 Bed
- 1 Bath
- 598 sft
383 Clay St, Monterey, CA, 93940
$ 899,000
ROI
22.5Cash Flow/m
607- 4 Bed
- 2 Bath
- 1734 sft
1021 Johnson St, Monterey, CA, 93940
$ 749,000
ROI
20.1Cash Flow/m
17- 2 Bed
- 1 Bath
- 853 sft
229 Littleness Ave, Monterey, CA, 93940
Fix & Flip
$ 875,000
ROI
20.1Cash Flow/m
9- 4 Bed
- 2 Bath
- 1636 sft
33 Portola Ave, Monterey, CA, 93940
Why Invest in Monterey, California?
Investing in Monterey, CA, offers a unique opportunity with its scenic coastal views and vibrant tourist economy. The city has a strong rental market with properties generating consistent cash flow, making it an attractive option for investors looking for rental properties. With an average rental yield of approximately 5% and steady appreciation rates, Monterey is a prime location for sound real estate investments.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Monterey, CA, is around $2,500 per month, making it an important consideration for potential investors looking into rental properties.
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