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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
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
$ 435,000
ROI
25.0Cash Flow/m
635- 3 Bed
- 2 Bath
- 1325 sft
1545 White Pine Dr #52, 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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