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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Monterey, CA

$ 495,000
ROI
19.9
Cash Flow/m
15- 1 Bed
- 1 Bath
- 492 sft
1066 David Ave, Monterey, CA, 93940

$ 149,995
ROI
115.6
Cash Flow/m
4003- - Bed
- - Bath
- - sft
685 Larkin St, Monterey, CA, 93940

$ 200,000
ROI
99.3
Cash Flow/m
4428- - Bed
- - Bath
- - sft
0 Madison St, Monterey, CA, 93940

$ 180,688
ROI
34.3
Cash Flow/m
729- 1 Bed
- 1 Bath
- 517 sft
820 Casanova Ave APT 125, Monterey, CA, 93940
Why Invest in Monterey, California?
Investing in properties under $500k in Monterey, CA offers a unique opportunity for real estate investors. The city boasts strong rental yields and a vibrant tourism economy, fostering demand for rental properties. With its stunning coastal views and proximity to major attractions, Monterey is an appealing choice for investors looking to capitalize on a growing market.
7.5%
Avg. ROI
5.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
In Monterey, properties under $500k include smaller single-family homes, condos, and some townhouses. The inventory may vary, but these options provide affordable pathways for investment.
Find Your Perfect Investment Property in Monterey, California
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