Under $500K Investment Properties for Sale in Morro Bay, CA
Listed for sale 4 days ago
$ 249,900
ROI
22.5
Cash Flow/m
189- 2 Bed
- 1 Bath
- - sft
901 Morro Bay Blvd Space 15, Morro Bay, CA, 93442
$ 139,000
ROI
26.0Cash Flow/m
240- 1 Bed
- 1 Bath
- 399 sft
1680 Main St #36, Morro Bay, CA, 93442
$ 199,900
ROI
25.7Cash 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
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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