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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Morro Bay, CA
Currently Rented
$ 360,000
ROI
21.7
Cash Flow/m
194- 3 Bed
- 2 Bath
- 1520 sft
500 Atascadero Rd Space M3, Morro Bay, CA, 93442
$ 179,000
ROI
25.1Cash Flow/m
265- 2 Bed
- 1 Bath
- 672 sft
475 S Bay Blvd Space 18, Morro Bay, CA, 93442
Currently Rented
Rental Income
$ 489,000
ROI
22.0Cash Flow/m
311- 2 Bed
- 2 Bath
- 1080 sft
3329 Panorama Dr #30, Morro Bay, CA, 93442
$ 445,000
ROI
26.5Cash Flow/m
830- 3 Bed
- 2 Bath
- 1325 sft
513 Aleppo Dr #13, Morro Bay, CA, 93442
Why Invest in Morro Bay, California?
Investing in rental properties in Morro Bay, CA offers fantastic opportunities for high rental yields. With a blend of scenic coastlines and a steady influx of tourists, the demand for rental units is strong. Investors can benefit from a rental yield of approximately 6%, reflecting the city's appealing location and recreational amenities.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Morro Bay is approximately 6%, making it an attractive market for real estate investors.
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