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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Nipomo, CA

$ 570,000
ROI
22.6
Cash Flow/m
404- 3 Bed
- 3 Bath
- 1449 sft
1348 Tourney Hill Ln #66, Nipomo, CA, 93444

$ 294,000
ROI
21.5
Cash Flow/m
141- 1 Bed
- 1 Bath
- 534 sft
525 Grande Ave APT D, Nipomo, CA, 93444

$ 399,000
ROI
28.4
Cash Flow/m
959- 3 Bed
- 3 Bath
- 1358 sft
450 Avenida De Socios APT 2, Nipomo, CA, 93444

$ 555,000
ROI
29.9
Cash Flow/m
1499- 3 Bed
- 3 Bath
- 1448 sft
1388 Tourney Hill Ln, Nipomo, CA, 93444
Why Invest in Nipomo, California?
Investing in Nipomo, CA, particularly in condos, presents a unique opportunity for growth. With an average rental yield of 5.5%, investors can expect a strong cash flow alongside a consistent appreciation rate of 4% annually. The local economy is bolstered by various industries, providing stability and rental demand.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Nipomo is approximately $1,800 per month. This figure tends to reflect the strong demand and limited available inventory in the area.
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