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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Monterey, CA
$ 899,000
ROI
22.5
Cash 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
$ 845,000
ROI
20.2Cash Flow/m
30- 2 Bed
- 2 Bath
- 1246 sft
401 Sequoia Ave, Monterey, CA, 93940
Why Invest in Monterey, California?
Investing in single-family homes in Monterey, CA can be a strategic choice due to the growing demand for residential properties. The average rental yield here is around 6%, providing great avenues for positive cash flow. With an appreciating market and a homeowner occupancy rate reaching 60%, it's a prime area for real estate investors.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$400/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Monterey is approximately $2,500 per month, reflecting the high demand for quality rental properties in the area.
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