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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
Listed for sale 3 days ago
$ 475,000
ROI
26.1
Cash Flow/m
844- 2 Bed
- 2 Bath
- 1424 sft
311 San Gabriel Ave, Morro Bay, CA, 93442
$ 310,000
ROI
21.5Cash Flow/m
154- 3 Bed
- 2 Bath
- 1294 sft
515 Aleppo Dr #14, Morro Bay, CA, 93442
$ 179,000
ROI
26.3Cash Flow/m
328- 1 Bed
- 1 Bath
- 399 sft
500 Atascadero Rd, Morro Bay, CA, 93442
Currently Rented
$ 345,000
ROI
23.3Cash Flow/m
339- 3 Bed
- 2 Bath
- 1520 sft
500 Atascadero Rd Space M3, 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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