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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Morro Bay, CA
Currently Rented
Rental Income
$ 489,000
ROI
22.0
Cash 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
Currently Rented
$ 362,500
ROI
22.0Cash Flow/m
223- 2 Bed
- 2 Bath
- 1200 sft
500 Atascadero Rd SPACE C9, Morro Bay, CA, 93442
Fix & Flip
Motivated Seller
$ 750,000
ROI
20.4Cash Flow/m
74- 3 Bed
- 2 Bath
- 1924 sft
399 Hill St, Morro Bay, CA, 93442
Why Invest in Morro Bay, California?
Investing in Morro Bay, CA, particularly for high ROI properties, presents a promising opportunity for real estate investors. The picturesque coastal town offers competitive rental yields, with an average rent turning heads. Significant influx of residents and tourists ensures consistent demand, making it an attractive market.
8%
Avg. ROI
5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Morro Bay is approximately $2,400 per month, reflecting the demand in this picturesque coastal town.
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