Investment Properties Under $300K in Morro Bay, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Morro Bay, CA

Property at 500 Atascadero Rd SPC B2, Morro Bay, CA
$ 230,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign549
  • 2 Bed
  • 2 Bath
  • 841 sft
500 Atascadero Rd SPC B2, Morro Bay, CA, 93442
Property at 1105 Morro Ave #3, Morro Bay, CA
$ 170,000
ROI
41.8ROI percentage
Cash Flow/m
Dollar sign1042
  • 1 Bed
  • 1 Bath
  • 440 sft
1105 Morro Ave #3, Morro Bay, CA, 93442
Property at 500 Atascadero Rd, Morro Bay, CA
$ 189,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign288
  • 1 Bed
  • 1 Bath
  • 650 sft
500 Atascadero Rd, Morro Bay, CA, 93442
Property at 475 S Bay Blvd SPC 42, Morro Bay, CA
$ 174,900
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign253
  • 1 Bed
  • 1 Bath
  • 480 sft
475 S Bay Blvd SPC 42, Morro Bay, CA, 93442

Why Invest in Morro Bay, California?

Investing in Morro Bay, CA, presents a unique opportunity, especially for properties under $300k. With a continuous demand for rentals, this coastal city boasts a rental yield above average. The area's natural beauty and proximity to local amenities make it an attractive location for both long-term tenants and short-term vacation rentals.

8%
Avg. ROI
5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2400/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Morro Bay, properties available under $300k typically include smaller single-family homes and condos. These options are often attracting first-time buyers and investors looking for rental opportunities.

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