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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 370,000
ROI
33.0Cash Flow/m
1365- 3 Bed
- 2 Bath
- 1385 sft
1537 White Pine Dr #48, 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
Why Invest in Morro Bay, California?
Investing in Morro Bay, CA, offers opportunities under $500k, making it accessible for many investors. With an average rental yield of 6% and a robust community, this coastal city provides an attractive option for both short-term and long-term investments. The growing job market and increasing median income further enhance its appeal as an investment destination.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Morro Bay, homes are averaging around $500k, making it possible to find investment properties within this price range.
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