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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
Listed for sale 6 days ago
$ 199,900
ROI
25.7
Cash Flow/m
329- 1 Bed
- 1 Bath
- 695 sft
500 Atascadero Rd Space B9, Morro Bay, CA, 93442
$ 135,000
ROI
24.6Cash Flow/m
184- 1 Bed
- 1 Bath
- - sft
495-4 Atascadero Rd, Morro Bay, CA, 93442
$ 190,000
ROI
25.7Cash Flow/m
315- 1 Bed
- 1 Bath
- - sft
901 Morro Ave, 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
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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