Investment Properties for Sale in Morro Bay, CA
Listed for sale 4 days ago
$ 249,900
ROI
22.5
Cash Flow/m
189- 2 Bed
- 1 Bath
- - sft
901 Morro Bay Blvd Space 15, Morro Bay, CA, 93442
$ 139,000
ROI
26.0Cash Flow/m
240- 1 Bed
- 1 Bath
- 399 sft
1680 Main St #36, Morro Bay, CA, 93442
$ 199,900
ROI
25.7Cash Flow/m
329- 1 Bed
- 1 Bath
- 695 sft
500 Atascadero Rd Space B9, Morro Bay, CA, 93442
$ 135,000
ROI
24.6Cash Flow/m
184- 1 Bed
- 1 Bath
- - sft
495-4 Atascadero Rd, Morro Bay, CA, 93442
Why Invest in Morro Bay, California?
Investing in Morro Bay, CA offers a unique opportunity for those interested in coastal properties, especially when looking at condos. With an average ROI of 7.5% and a rental yield of 6.2%, you can expect solid returns in a vibrant economy. Furthermore, the area is known for its stable property values, driven by ongoing appreciation and high demand for rentals due to its scenic views and tourist attractions.
7.5%
Avg. ROI
6.2%
Rental Yield
5.1%
Cap Rate
$800/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Morro Bay is approximately $2,500, reflecting the area's demand for coastal living.
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