High Rental Yield Investment Properties for Sale in Morro Bay, CA

Property at 901 Morro Bay Blvd Space 15, Morro Bay, CA
Listed for sale 5 days ago
$ 249,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign189
  • 2 Bed
  • 1 Bath
  • - sft
901 Morro Bay Blvd Space 15, Morro Bay, CA, 93442
Property at 1680 Main St #36, Morro Bay, CA
$ 139,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign240
  • 1 Bed
  • 1 Bath
  • 399 sft
1680 Main St #36, Morro Bay, CA, 93442
Property at 500 Atascadero Rd Space B9, Morro Bay, CA
$ 199,900
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign329
  • 1 Bed
  • 1 Bath
  • 695 sft
500 Atascadero Rd Space B9, Morro Bay, CA, 93442
Property at 495-4 Atascadero Rd, Morro Bay, CA
$ 135,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign184
  • 1 Bed
  • 1 Bath
  • - sft
495-4 Atascadero Rd, 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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